(Foto: SPENCER PLATT/GETTY IMAGES NORTH AMERICA/Getty Images via AFP)
With the thousand billion that Elon Musk is strong, he is the world’s first billionaire (“trillionaire”) after SpaceX started its first day as a public company on Wall Street on Friday after the largest initial public offering (IPO) in history.
SpaceX will earn at least $75 billion after trading of SPCX shares begins on Friday. Shares in SpaceX rose 11% to $150 on the first day of trading.
Musk’s fortune stood at $782 billion on Thursday, according to Forbes’ list of the world’s richest people. This is almost three times the wealth of the world’s second richest person Larry Page, co-founder of Google.
“SpaceX wants to be able to take you to the moon, take you to Mars, and eventually beyond,” Musk said Friday during a launch event in Starbase, Texas.
“I am confident at this point that with the incredible team we have here at SpaceX, we will do it for you,” added Musk.
On the Nasdaq Stock Exchange in New York, Gwynne Shotwell, SpaceX’s president and chief operating officer, rang the opening bell as staff and investors cheered.
Musk (54), who was born in South Africa, is in an unknown zone of the mega-wealth stratosphere as the world’s first billionaire or rather thousand-billionaire.
A thousand billion is roughly the wealth that is produced over a year by entire countries, such as Switzerland or Poland. This is three times the current value of France’s gold reserves.
SpaceX, which Musk co-founded in 2002, has since expanded into a major satellite operator and has also incorporated Musk’s artificial intelligence company xAI, which includes the social media platform X (formerly Twitter).
SpaceX also launched a Falcon 9 rocket loaded with Starlink satellites on Friday. The rocket carried 29 Starlink Internet satellites, destined to join an existing network of more than 10,000 satellites.
Falcon 9 has now completed more than 600 flights.