7 News ·general ·2 hours ago

Elon Musk becomes world's first trillionaire as SpaceX shares soar 19%

Elon Musk became the world’s first trillionaire on Friday as SpaceX shares surged 19 percent during its Wall Street debut. The stock opened at $150 and closed just below $161, valuing the company at $2.1 trillion. Investors are betting on SpaceX's ambitious plans despite its current losses of $8.7 billion through early 2026.

Summary by OZbrief · 7 News

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