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\t\t\t\t<\/p>\n \t\t\t\t\t\t\t\t<\/p>\n Elon Musk<\/strong><\/a> has officially become the world\u2019s first trillionaire.<\/p>\n On Friday (June 12), the 54-year-old businessman\u2019s company SpaceX<\/strong><\/a> went public at a valuation of approximately $1.77 trillion, pushing the CEO\u2019s estimated $813 billion net worth over the trillion-dollar line, CBS News<\/a><\/em> reports.<\/p>\n Musk<\/strong>\u2018s latest financial feat comes after SpaceX\u2019s IP was expected to set share prices at $135 each, according to Forbes<\/a><\/em>.<\/p>\n \u201c<\/strong>Teams are go for launch with a $135 price per share for the SpaceX IPO,\u201d SpaceX wrote on X<\/a>, along with a link showing how would be able to buy the now-public stock.<\/p>\n Musk<\/strong> owns approximately 4.8 million shares of SpaceX common stock, or about 42% of the company, along with 350 million stock options. Those holdings are worth an estimated $688 billion.<\/p>\n When combined with his stakes in Tesla and other business ventures, the rise in SpaceX\u2019s valuation pushes Musk<\/strong>\u2018s personal net worth over $1 trillion.<\/p>\n Musk<\/strong> is now worth more than twice the world\u2019s second-richest person, Google co-founder Larry Page<\/strong>, who is worth an estimated $288 billion.<\/p>\n If SpaceX, which is trading under the ticker symbol \u201cSPCX,\u201d rises above $135 per share, Musk<\/strong>\u2018s wealth will climb even further, though he could fall below the trillionaire line if the stock sinks.<\/p>\n SpaceX was founded in 2002, and is now a major partner for NASA. It launches rockets and runs the Starlink internet service used around the world. It also owns social network X, formerly known as Twitter.<\/p>\n In his private life, Elon<\/strong> Musk<\/strong> partnered with several women and welcomed over a dozen children to date.<\/a><\/p>\n Posted To:Elon Musk<\/a> Finance<\/a> Net Worth<\/a> SpaceX<\/a> Stock Market<\/a><\/p>\n<\/p><\/div>\n![\"Elon](\"https:\/\/www.justjared.com\/wp-content\/uploads\/2026\/06\/elon-trillion-788x525.jpg\")
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