Elon Musk has the world's first ever trillionaire the initial public offering (IPO) of his rocket company SpaceX. The IPO on Wall Street nearly $870 billion to Mr Musk's wealth. He has almost $290 billion from Tesla. He also eye-watering equity in X, Neuralink, and the Boring Company. Musk is now worth more than the world's next four richest individuals . The bulk of Musk's unfathomable wealth is up in stock holdings across these business ventures, rather than in cash. SpaceX's IPO the largest in history, raising $75 billion. It the previous record of $29.4 billion by the oil company Aramco in 2019.
Elon Musk is a super-entrepreneur. He his initial fortune by to create PayPal. That him about $176 million, which he used to start SpaceX in 2002, and in Tesla. SpaceX the reuse of rocket boosters and now the space travel industry. It for more than half of all rocket launches last year. The company also has 10,000 Starlink satellites in orbit. Musk's aspiration is to "make life multiplanetary". He wants anyone to be able to to space. At the IPO, he said: "Whoever you are this, SpaceX wants to be able to take you to the Moon, take you to Mars, and ultimately beyond." He added: "Not just a few astronauts, I literally you."
