News

Entertainment

On HALO

1 hour ago

Elon Musk Becomes 1st-Ever Trillionaire After SpaceX Hits Stock Market

Elon Musk just became the world’s first-ever trillionaire. The accomplishment came on Friday, June 12, moments after Musk’s company SpaceX hit the stock market. Shares for the aerospace brand were initially listed at $135 but began trading at $150 instead. SpaceX’s stock increased after trading began. The value rose to $168.75 a share and was then traded at $158 a share. It rebounded again and reached $176.52. SpaceX raised $75 billion which valued the company around a record $1.77 trillion total. From that, Musk, 54, earned an estimated $690 billion. In addition to his sta...