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Musk becomes world's first trillionaire as SpaceX shares soar

Posted on June 12, 2026
By Le Monde
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1 min read

Musk becomes world's first trillionaire as SpaceX shares soar

After the biggest initial public offering in history, shares in Elon Musk's SpaceX jumped more than 20% in the first hour of trading. Despite operating at a loss, the company has convinced investors to buy into Musk's ambitious plans.