Tag
Elon Musk has crossed one trillion dollars in net worth, becoming the world's first trillionaire after SpaceX's stock market debut crystallised the value of his stake in the company. The listing is also a major market event, opening one of the last large private tech companies to public investors.
SpaceX's IPO prospectus reveals a 2025 net loss of roughly $5 billion, $22.9 billion in total debt offset by $24.7 billion in cash, and a dual-class share structure giving Elon Musk over 85 percent of voting control.
Tag
Elon Musk has crossed one trillion dollars in net worth, becoming the world's first trillionaire after SpaceX's stock market debut crystallised the value of his stake in the company. The listing is also a major market event, opening one of the last large private tech companies to public investors.
18d ago · 3 min · Big Stories
SpaceX's IPO prospectus reveals a 2025 net loss of roughly $5 billion, $22.9 billion in total debt offset by $24.7 billion in cash, and a dual-class share structure giving Elon Musk over 85 percent of voting control.
24d ago · 5 min · Markets
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