June 12, 2026

SpaceX IPO makes Elon Musk the world’s first trillionaire, but your retirement fund is picking up the tab

Apple MacBook beside computer mouse on table
Luca Bravo / Unsplash

Elon Musk is now worth more than $1 trillion. The SpaceX IPO, which priced 555.6 million shares at $135 each on 12 June, valued the company at roughly $1.77 trillion and pushed Musk past a threshold no individual has ever crossed. His SpaceX stake al...