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600 SpaceX IPO makes Elon Musk the world’s first trillionaire, but your retirement fund is picking up the tab

The Next Web
Alina Maria Stan @ The Next Web · 06/12/2026 06:52 EDT

Elon Musk is now worth more than $1 trillion. The SpaceX IPO, which priced 555.6 million shares at $135 each on 12 June, valued the company at roughly $1.77 trillion and pushed Musk past a threshold no individual has ever crossed. His SpaceX stake alone is worth an estimated $866.5 billion, according to the updated IPO prospectus. […]
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