Elon Musk is the world’s first trillionaire

Elon Musk's net worth has passed the trillion-dollar mark after SpaceX's IPO. His net worth, which was hovering around $800 billion before the IPO, includes the value of his 4.8 billion shares in SpaceX, along with his wealth from his other companies, like Tesla. Shares of SPCX opened at $150 and have remained well above the $138 benchmark that gives Musk a 13-figure net worth.

SpaceX combined Musk's rocket, AI, and social media platforms earlier this year, and said in its S-1 that its goal is to "build the systems and technologies necessary to make life multiplanetary, to understand the true nature of the universe, and to extend the light …

Read the full story at The Verge.