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Elon Musk Becomes World’s First Trillionaire as SpaceX Stock Begins Trading

With SpaceX shares soaring 20 percent on their first day of trading, the world’s richest person crossed another milestone — one with 13 digits.

© Adrees Latif/Reuters

Elon Musk, the chief executive of SpaceX, in 2022 at the company’s facility in Brownsville, Texas.
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SpaceX IPO: How Our Reporters Assess the Sky-High Valuation and Potential Economic Impact

Two Times tech reporters and their editor talk about assessing the sky-high valuation of the rocket and satellite maker, the potential economic impact of its public debut and the role of the world’s richest man in it all.

© Eric Gay/Associated Press

Elon Musk’s rocket maker SpaceX set a price of $135 a share, which would value it at $1.77 trillion.
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Oil Falls, Stocks Rise as Trump Signals Iran Peace Deal Takes Shape

Oil prices retreated and stocks rallied after President Trump called off plans for another day of strikes on Iran, saying that a peace deal could be within reach.

© Eli Hartman/Reuters

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