SpaceX IPO crowns Elon Musk as the first trillionaire

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Source: The Washington Post
SpaceX IPO crowns Elon Musk as the first trillionaire
Photo: The Washington Post
TL;DR

SpaceX's historic IPO, priced at $135 a share and raising about $75 billion, will trade as SPCX on Nasdaq and marks the largest IPO in history, propelling Elon Musk's net worth above $1 trillion to make him the world's first trillionaire as investors flood into the rocket company's stock, despite SpaceX's recent multi-billion-dollar losses.

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