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Fortune

Jason Ma

With SpaceX IPO, Elon Musk is the world’s first trillionaire—but he mostly lives in a tiny home in south Texas. ‘There is no food in the fridge’

Elon Musk SpaceX Maye Musk IPO Texas Starlink Tesla Inc.

(Credit: Brendan SMIALOWSKI—AFP/Getty Images)

SpaceX stock is now public, cementing CEO Elon Musk’s status as the first trillionaire in history. But despite being the world’s richest person, he spends most of his time in a humble abode near SpaceX headquarters.

The rocket and satellite company raised $75 billion on Thursday in the largest IPO ever after offering more than 555 million shares at $135 a piece, valuing the company at $1.77 trillion.

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