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EconomyPublished: 13 June 2026 at 16:17

Musk becomes world's first trillionaire as SpaceX shares soar

SpaceX shares closed nearly 20% higher on their trading debut after the biggest IPO in history, making Elon Musk the world's first trillionaire as he reiterated his vow to take humanity to Mars.

Foto: France 24

Elon Musk's SpaceX made its stock market debut on Friday with the largest initial public offering in history. Shares surged by almost 20 percent on the first day, propelling the polarizing entrepreneur to become the world's first trillionaire. Musk, who has long advocated for human colonization of Mars, renewed his commitment to the goal, calling the IPO a stepping stone toward interplanetary civilization.

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