Claims: Elon Musk becomes world’s first trillionaire as SpaceX ends trading day with valuation of $2.1tn – as it happened
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- title: Elon Musk becomes world’s first trillionaire as SpaceX ends trading day with valuation of $2.1tn – as it happened Source
- url: https://www.theguardian.com/business/live/2026/jun/12/spacex-float-us-stock-market-share-elon-musk-trillionaire-largest-ipo-ever-live-news-updates Source
- summary: One economist says Musk’s world-first level of extreme wealth highlights massive economic disparities and could have profound effects on society SpaceX’s shares will be supported by a number of “forced buyers”, such as tracker funds. Richard Hunter, head of markets at interactive investor, explains: The Nasdaq index has tweaked its rules, which has allowed SpaceX to join the index on a fast-track basis. It remains to be seen whether the company will have a disproportionate effect on the index in… Source
- published: Fri, 12 Jun 2026 21:19:34 GMT Source