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moves money The Register June 12, 2026

Elon Musk is now worth more than $1,000,000,000,000

Elon Musk is now worth more than $1,000,000,000,000
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UPDATED SpaceX priced its blockbuster initial public offering at $135 a share on Friday, raising $75 billion and valuing Elon Musk's rocket biz at roughly $1.78 trillion. Retail investors piled in to get a handful of Musk's magic beans, sending shares up 19% on the first day, valuing the company at over $2.1 trillion, and turning the South African native into the world's first trillionaire based on his stakes in both SpaceX and Tesla. The haul for the space exploration and satellite company coul

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