Elon Musk is poised to become the world's first trillionaire after SpaceX filed for a record-breaking stock market listing in the United States, with the rocket and satellite group targeting a valuation of up to $1.75 trillion (£1.3 trillion) on the Nasdaq as early as 12 June, according to documents and reports.
Elon Musk has spent the past two decades turning SpaceX from a scrappy challenger into a dominant force in commercial space launches and satellite internet. The privately held company now sits alongside Tesla and X (formerly Twitter) in a web of ventures that has already made Musk one of the richest people on the planet.