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SpaceX stock soars as Elon Musk becomes world’s first trillionaire

DeFi Daily News by DeFi Daily News
June 12, 2026
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SpaceX stock soars as Elon Musk becomes world’s first trillionaire
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Elon Musk became the world’s first trillionaire after SpaceX shares opened at $150 on Friday, above the company’s $135 IPO price.

Musk, who also is a major shareholder and CEO of Tesla, is now worth an estimated $1.1 trillion, according to Forbes.

SpaceX began trading on the Nasdaq under the ticker symbol SPCX. Shares soared 25% after opening for trading.

LiveNOW’s Austin Westfall spoke about the IPO, and Musk’s trillionaire status with Taha Ahmed, Managing Director of Post Oak Group.

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Raw and unfiltered. Watch a non-stop stream of breaking news, live events and stories across the nation. Limited commentary. No opinion. Experience LiveNOW from FOX. Live news streaming channel when and where you need it.

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Tags: Elonelon muskelon musk net worthelon musk spacex ipoelon musk trillionairefox liveMuskNewsnews todayrocket launchSoarsspace launchspacexspacex ipospaceX Launchspacex launch todayspacex livespacex market debutspacex nasdaqSPCXStockTrillionaireunited stateswatch launch livewatch spacexWorlds
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