Economy16:07 · Jun 12
Historic Day on Wall Street: Elon Musk Becomes the World’s First Trillionaire
YnetCenter
Translated & summarized from Ynet by baba
The story · English
Elon Musk’s SpaceX began trading up 15% on Nasdaq under the ticker SPCX. The company opened with a valuation of more than $2 trillion, a milestone that effectively made Musk the first trillionaire in the world.
The report says the move marks a historic day on Wall Street, driven by the market debut of Musk’s space company at a massive scale. No further details were provided about the offering, timing, or whether the valuation was sustained after trading began.
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