ELON MUSK IS THE WORLD'S FIRST TRILLIONAIRE
His net worth is estimated at about $1.1 trillion after SpaceX's historic debut.
And he wasn't the only one who got rich today:
Around 4,400 current and former SpaceX employees became millionaires through stock compensation accumulated at the company, per a New York Times analysis.
The math behind the milestone:
- Musk's SpaceX stake alone is estimated at $690 billion
- SpaceX
$SPCX priced at $135, opened at $150 and touched $176.52 in its first session
- Tesla
$TSLA holdings and other assets carry his total past $1 trillion
- He retains roughly 85% of the company's voting power through its dual-class structure