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The Economic Times
The Economic Times
Business
Akash Podishetti

World's first trillionaire: SpaceX premium debut briefly hands Elon Musk historic status

Elon Musk SpaceX United States X IPO Mars Sunny Agrawal XAI

Elon Musk briefly became the world's first trillionaire Friday following a surge in SpaceX shares in its Wall Street trading debut, according to Bloomberg. Shares of the tech and artificial intelligence enterprise rose more than 21% in early trading to a high of $168.75, lifting Musk's estimated wealth to above $1 trillion.

However, the stock pared its gains and as of the latest Forbes Real Time Billionaires Index, Musk's net worth stands at $981 billion.

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