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Elon Musk becomes world’s first trillionaire as SpaceX begins trading on the Nasdaq

Elon Musk’s stake in SpaceX is worth more than $766 billion. Combined with his Tesla holdings, Musk’s net worth as of Friday is roughly $1.05 trillion.

Published 13 June 2026
Categorised as Finance News

Elon Musk becomes the world’s first trillionaire with SpaceX debut

CNBC’s Robert Frank reports on Elon Musk’s new status.

Published 13 June 2026
Categorised as Finance News

New SpaceX millionaires are reinventing the business of managing large wealth

Wealth advisors say SpaceXers have unique ways of addressing their financial challenges, including whiteboarding, troubleshooting and AI.

Published 13 June 2026
Categorised as Finance News

Elon Musk’s road to trillionaire status: Here’s what to know

CNBC’s Robert Frank reports on Elon Musk’s road to trillionaire status ahead of SpaceX’s IPO.

Published 12 June 2026
Categorised as Finance News

The S&P 500 already made a big call on SpaceX stock and index fund investors need to know it

The S&P 500 index, where trillions in retirement savings are invested, said no to the SpaceX IPO, the biggest in history. Here’s what that means for portfolios.

Published 12 June 2026
Categorised as Finance News

Stocks making the biggest moves premarket: Adobe, Rocket Lab, AMD, Carnival & more

These are the stocks posting the largest moves before the bell.

Published 12 June 2026
Categorised as Finance News

Luxury stocks spike on proposed U.S.-Iran peace deal; LVMH up almost 5%

Luxury stocks have been hard hit by the Iran war, as the Middle East had been a fast-growing market for the otherwise largely muted sector.

Published 12 June 2026
Categorised as Finance News

UK economy shrank 0.1% in April as Iran conflict weighed on growth

U.K. GDP fell 0.1% in April as services activity declined and companies cited pressure from the Middle East conflict.

Published 12 June 2026
Categorised as Finance News

A Chinese start-up’s unfolding dilemma exposes cracks in Beijing’s tech funding machine

While the U.S. channels support to tech winners indirectly via incentives, Chinese governments at every level take direct equity stakes.

Published 12 June 2026
Categorised as Finance News

SpaceX raising $75 billion in record-setting IPO as Nasdaq debut awaits

SpaceX is selling 555.6 shares at $135 a piece, raising $75 billion in the largest IPO on record.

Published 12 June 2026
Categorised as Finance News

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Recent Posts

  • Elon Musk becomes world’s first trillionaire as SpaceX begins trading on the Nasdaq
  • Elon Musk becomes the world’s first trillionaire with SpaceX debut
  • New SpaceX millionaires are reinventing the business of managing large wealth
  • Elon Musk’s road to trillionaire status: Here’s what to know
  • The S&P 500 already made a big call on SpaceX stock and index fund investors need to know it

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