Elon Musk has reached a milestone that until a few years ago belonged more to science fiction than to finance, becoming the first trillionaire in history. The owner of SpaceX, Tesla and xAI has surpassed the threshold of 1,000 billion dollars in assets thanks to the listing of his space company on the stock exchange: the largest initial public offering ever made, with around 75 billion dollars raised.
SpaceX had set the IPO price at $135 per share, but it began trading at $150, before rising above $160.
Page and Brin dubbed: together they are worth less than half
The distance from the other great global ‘scrooges’ remains enormous. Google co-founders Larry Page and Sergey Brin, respectively the second and third richest men in the world with 257 and 237 billion dollars, are together worth less than half of what Musk achieved.