Elon Musk with his brother Kimbal and sister Tosca yesterday at Starbase during the SpaceX IPO.
The big brother is now the world’s first-ever trillionaire! 🚀
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.
This is not sustainable.
Plutarch warned us 2,000 years ago that the imbalance between rich and poor is the oldest and most fatal ailment of all republics.
We have got to democratize our economy so that it works for all.
🚨 BREAKING: SpaceX has OFFICIALLY begun trading, immediately ROCKETING up 12%+
@ElonMusk created THOUSANDS of new millionaires today, including even CAFETERIA WORKERS at SpaceX
An absolutely incredible story.
LFG $SPCX! 🚀
ELON MUSK: "It is certainly hard to believe that little company that started in a warehouse in El Segundo is now going public. It was the largest IPO ever, and let me tell you, if people had told me this was gonna happen, I was like, man, you must be smoking some really good crack, because I think this company is gonna fail. I gave SpaceX less than a 10% chance of succeeding at all. To be clear, in fact, I told people this. I said, look, we’re probably going to fail, but you know, should give it a try, because if we don’t, if there’s not a new company that enters space, we will never be a truly space-bearing civilization."
Be honest 👇
If Elon Musk ask you how much do you need 💸💵🤑?
A. Nothing, I’m good 👍
B. Just enough to be comfortable 💸
C. A billion 😄
D. Depends what it’s for 🚀
Pick your mood 😄