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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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The Consequences of SpaceX’s Trillion-Dollar I.P.O.

SpaceX’s trading debut is expected to smash records. Wall Street is watching to see what else it disrupts.

© Steve Nesius/Reuters

SpaceX’s market debut today is expected to be a watershed moment for Wall Street.
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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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