The world's richest man has become even richer. Elon Musk is now the world's first trillionaire, following the record-breaking valuation of SpaceX, his space, telecommunications and AI company.
Al Jazeera’s Julide Ayger explains.
Elon Musk Becomes World’s First Trillionaire As SpaceX Shares Jump
Shares in Elon Musk’s SpaceX jumped 11 per cent to $150 on their first day of trading Friday after the biggest initial public offering in history, making the polarising entrepreneur the world’s first trillionaire as he vowed to take humanity to Mars.
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BREAKING: Elon Musk has become the world's first trillionaire.
After SpaceX raised a record $75 billion in its IPO, Musk’s net worth shot up to top $1.1 trillion when the stock began trading Friday, putting him in an economic class of his own.
Combined with his holdings in electric vehicle maker Tesla, as well as other investments and assets, Musk's net worth is now estimated at about $1.1 trillion.
Musk's stake in the rocket and satellite company alone is now estimated at a staggering $690 billion, but it's also a life-changing moment for thousands of workers at the company who hold equity.
Investors who watched Musk help turn Tesla into an automotive giant are now betting he can do the same in space and artificial intelligence, as SpaceX launches the largest IPO in history.
They wore the uniform and committed the very crimes they promised to prevent.
This is difficult to say, but it needs to be said clearly and openly.
Some officers of the Nigeria Police Force have been caught running criminal groups in Rivers State. They abducted people during fake patrols, forced access to victims' bank accounts and cryptocurrency wallets, extorted millions, kidnapped, and committed armed robbery.
They did this in uniform, using police vehicles, and targeted the very people they were meant to protect. The Nigeria Police Force, led by IGP Olatunji Rilwan Disu, psc (+), NPM, will not ignore these actions.
Syndicate One, Zone 16, Yenagoa: Inspector Ayanniyi Jelili, Inspector Durojaye Francis, and Inspector Olayemi Titus have been arrested. Three accomplices are still at large and are being actively pursued. Police recovered three Toyota Sienna buses and ₦7,338,800 linked to these crimes.
Syndicate Two, Rivers State Command: Inspector John Okoi, Inspector Eyibo Asuquo, Inspector Udo Ndipmong, Inspector Bright Nwachukwu, and Inspector Anele Ikechukwu have been dismissed. Their case has been sent for prosecution.
The charges include conspiracy, armed robbery, kidnapping, extortion, and official corruption.
This is a real and necessary internal cleansing. It is painful, but no rank will protect a criminal in this Force.
If you have suffered because of bad officers, please report it. Your voice helps ensure accountability.
IGP Disu strengthens police complaints unit, urges Nigerians to report misconduct
Olatunji Rilwan Disu has reaffirmed the Nigeria Police Force's commitment to accountability by strengthening the Police Complaints Response Unit (CRU) as a channel for reporting misconduct and unprofessional conduct by officers.
Speaking during an emergency conference with senior police officers and journalists at the Force Headquarters in Abuja, the IGP said the CRU remains fully operational 24 hours a day to handle reports of extortion, abuse of office, human rights violations, and other misconduct.
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NPF STRENGTHENS POLICE COMPLAINTS RESPONSE UNIT, ENCOURAGES PUBLIC REPORTING OF MISCONDUCT
The Nigeria Police Force has reaffirmed its commitment to accountability, professionalism, and public trust through the continued strengthening of the Police Complaints Response Unit (CRU) as a direct and accessible channel for citizens to report police misconduct and unprofessional conduct.
The Inspector-General of Police, IGP Olatunji Rilwan Disu, psc (+), NPM, made this known during the Emergency Conference with Commissioners of Police and members of the press held at the Goodluck Ebele Jonathan Peacekeeping Centre, Force Headquarters, Abuja.
According to the Inspector-General, the Complaints Response Unit remains fully operational 24 hours a day, 7 days a week, providing members of the public with a direct platform to report cases of misconduct, abuse of office, extortion, human rights violations, and other unethical behaviour involving police personnel.
The IGP emphasized that accountability remains a core pillar of ongoing reforms within the Nigeria Police Force, noting that legitimate complaints from citizens will continue to receive prompt attention and necessary action.
He further encouraged Nigerians to make use of the available complaint channels responsibly, stressing that public cooperation is essential to building a more professional, transparent, and people-centered Police institution.
The Nigeria Police Force assures citizens that all reports received through the CRU are treated with seriousness and confidentiality, while appropriate disciplinary measures will continue to be taken against erring personnel found culpable after investigation.
The Force reiterates its determination to strengthen public confidence and institutional integrity through transparency, responsiveness, and respect for the rule of law.
DCP ANTHONY OKON PLACID, psc(+), mnipr, mni Force Public Relations Officer Force Headquarters, Abuja 7th May 2026
EFFURUN SHOOTING INCIDENT: NIGERIA POLICE PROVIDES FRESH UPDATE
The Nigeria Police Force has transferred the case file to the Director of Public Prosecutions following the conclusion of preliminary investigations into the Effurun shooting incident.
The Force also confirms that efforts are ongoing to apprehend two additional suspects connected to the case.
Watch the Force Public Relations Officer’s full press briefing for the official update.
BREAKING: IGP Approves Dismissal, Prosecution Of ASP Usman, Others Over Public Execution Of Suspect Ogidi In Delta | Sahara Reporters https://t.co/qQfR4mp7FE
VIDEO: Lagos CP warns officers against phone searches, allows public recording
The Lagos State Commissioner of Police, Tijani Fatai, has warned officers against searching citizens’ phones, stressing that such actions are not permitted.
Speaking in a video, the police chief said members of the public are free to record officers on duty, provided they are carrying out lawful activities.
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