SpaceX lists at $150, pushing Elon Musk's wealth past $1T

SpaceX officially listed on June 12, opening at $150 per share with a market capitalization of $2 trillion. While the opening price was below the expected range of $170 to $175, it was significantly higher than the initial public offering price of $135. Driven by the surge in SpaceX's valuation, Elon Musk has become the world's first person with a net worth exceeding $1 trillion. According to reports, Musk's fortune is estimated to have surpassed $1.1 trillion, a figure comparable to the gross domestic product (GDP) of Switzerland, the world's 20th-largest economy.