@washingtonpost: Elon Musk became the world’s first trillionaire after SpaceX shares rose on debut, following a record-breaking initial public offering that raised $75 billion for the rocket company. Musk is now worth about as much as the world’s next four richest people combined: Google founders Larry Page and Sergey Brin; Jeff Bezos, Amazon’s founder and executive chairman who also owns The Post; and Larry Ellison, founder of business software titan Oracle. According to SpaceX’s disclosures, Musk holds roughly half of the company’s stock, including shares that he might earn far in the future tied to accomplishments such as shooting computer data centers into space and creating a human settlement on Mars. Combined with the chunk of the automaker Tesla that also belongs to Musk, his stock in the two companies is valued at more than $1.1 trillion combined, according to Washington Post calculations from SpaceX and Tesla securities filings. Musk was already the richest person in the world, according to lists from Bloomberg and Forbes. He’s also in line to receive a trillion-dollar pay package if he hits certain milestones at the automaker Tesla. Read more from The Washington Post at the link in our bio. #Tech#elonmusk#tesla#spacex#business

The Washington Post

Open In TikTok:

Region: US

Friday 12 June 2026 21:00:00 GMT