Elon Musk becomes the first trillionaire thanks to SpaceX IPO
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Photo credit: Stuart Rankin via Flickr. Public Domain. Article by Matty Merritt. Morning Brew – June 13, 2026.
Do not let Elon try and split the appetizers—he can cover the jalapeño poppers all by himself. The tech entrepreneur became the world’s first trillionaire yesterday after SpaceX’s first day of trading sent the company’s stock up as much as 30% from its listing price of $135 to over $176 per share. At a time of unprecedented wealth inequality, Musk’s net worth catapulted to $1.1 trillion, according to Forbes. […]
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