LowPositive
Announced Tue, 16 Jun · 13:18 IST
Elon Musk just made Warren Buffett’s entire net worth in a single day
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
Elon Musk became the world's first trillionaire after SpaceX shares surged 19.6% in their second day of Nasdaq trading, pushing his net worth to $1.27 trillion per the Bloomberg Billionaires Index. SpaceX raised a record $75 billion in the largest IPO in history at $135 per share, with shares now trading around $192.46, and the stock is set for fast-track inclusion into the Nasdaq 100. Musk projected SpaceX could reach $1 trillion in revenue by 2030, though the company reported $18.7 billion in 2025 revenue and remains unprofitable.