SpaceX IPO Rockets Elon Musk To Trillionaire Status
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Elon Musk today became something no human being has ever been before: a dollar trillionaire. SpaceX priced its initial public offering at $135 per share on Thursday, valuing the rocket, satellite and artificial intelligence company at roughly $1.
Elon Musk has laid out hundreds of goals over the years for what he plans to achieve at his businesses. Musk, 54, has said his rocket company, SpaceX, will build a colony of humans on Mars.
Gracias and his firm Valor Equity Partners are the second-largest SpaceX shareholder.
The shares were priced at $150 each, and the operation generated the highest demand in history from institutional and retail investors, exceeding the available quantity by more than four times. After closing the largest IPO in history on Thursday,
Elon Musk recently shared a throwback of SpaceX’s humble beginnings. He reposted the image of himself and the rest of the team responsible for the company that we know today. Musk was seen holding
SpaceX founder Elon Musk just became the first person in history to surpass a net worth of $1 trillion, putting him in a wealth category of his own.
A weekend protest against global wealth disparities turned violent in Geneva days after Elon Musk became a trillionaire.
