Put the combined wealth of the four richest people in the world on one side of the scale and Elon Musk alone on the other — and the balance still tips in Musk's favour. That remarkable situation took shape on Friday, when his space venture SpaceX made its debut on the US stock market. The listing sent the company's valuation soaring, and that surge lifted Musk's personal fortune to a point where he became the world's first trillionaire. His total net worth has now reached $1.10 trillion, roughly equal to 11 kharab dollars.
Investors Strike Gold on Listing Day
Even before going public, SpaceX had already pulled in $75 billion from its investors. That funding round was priced at $135 per share. The real spectacle came once the company was listed on the US stock exchange Nasdaq — within just a few hours, the share price climbed to $161. In plain terms, that meant early investors walked away with a return of more than 20 percent on the very first day of trading.
Even Four Titans Together Fall Short of Musk
To grasp the scale of the gap, look at where the other billionaires stand. Sitting second, right behind Musk, is Larry Page, whose total wealth is about $303 billion. He is followed by Sergey Brin with $282 billion, and then Jeff Bezos with $260 billion. The fourth name on this list is Larry Ellison, who holds a fortune of $254 billion.
Add the four of them together and the figure comes to $1,099 billion. Against that, Musk on his own commands $1,100 billion. In other words, his net worth is a clean $1 billion more than the pooled wealth of these four leading billionaires put together.
Company Vaults Past the $2 Trillion Mark
After entering the market, SpaceX shares opened trading at $150 and pushed up to $160.95 per share in the very first session. Riding that rally, the company's market value swelled to $2.1 trillion, making it the sixth most valuable company in America.
Analysts reckon the company could hand its investors a return of 20 to 30 percent within the first week alone. SpaceX floated a total of 51 crore shares on the market, carrying a combined value of around $84 billion. Notably, the company set aside a 20 percent stake in its IPO for retail — that is, small — investors.
