≈ 30°C Kolkata Friday, September 4, 2026
LATEST NEWS
Belgian PM Bart De Wever Calls India Europe’s ‘Number One’ Partner | Belgian PM Bart De Wever Calls India Europe’s ‘Number One’ Partner | Belgian PM Bart De Wever Calls India Europe’s ‘Number One’ Partner | PM Modi Congratulates Meloni on Historic Italy Tenure | Ram Mohan Naidu Hails Airbus-Indamer Facility as a Boost to India’s Aviation MRO | “Congratulations to Fly91 on Its Landmark $1 Billion MoU”: Ram Mohan Naidu | FLY91 Orders 40 ATR 72-600 Aircraft, Giving Major Boost to India’s Regional Aviation | External Affairs Minister Dr. S. Jaishankar said the ongoing Ukraine conflict cannot be resolved through economic measures involving oil, minerals, metals or fertilisers, stressing that dialogue, diplomacy and negotiations are the way forward. Responding to a question on whether India would reduce its purchases of Russian oil if the United States approves sanctions against countries buying Russian crude, Jaishankar said the conflict, now in its fifth year, would ultimately have to be resolved th | Piyush Goyal: PM Modi Ensured Minimal Fuel Price Rise Amid Global Crisis | SCO Summit 2026: Modi, Xi Jinping, Putin and Other World Leaders Meet in Bishkek | Piyush Goyal Meets Toyota Tsusho CEO to Boost India Engagement | J&K Lieutenant Governor Manoj Sinha Meets PM Modi | Union Commerce and Industry Minister Piyush Goyal interacted with industry leaders, founders, and CEOs during the 15th edition of FICCI Massmerize. The minister engaged with prominent voices from the FMCG, retail, and consumer sectors, discussing key industry priorities and growth opportunities. He encouraged businesses to embrace innovation, strengthen export capabilities, support local enterprises, and compete confidently in global markets, reaffirming the government's commitment to fostering | Goa CM Pramod Sawant Calls on Amit Shah in New Delhi | Cricket: Ruturaj Gaikwad’s century helps India A beat Sri Lanka A by 8 runs in tri-series opener in Dambulla. | China's Xi Jinping starts a two-day trip to North Korea, pledging closer ties with Kim Jong Un in his first Pyongyang visit since 2019. | Ashwini Vaishnaw Promises New Era for Kolkata Metro with 60 Modern Trains |

Elon Musk Becomes World’s First Trillionaire After Record-Breaking $75 Billion SpaceX IPO

By Editorial Team
Elon Musk Becomes World’s First Trillionaire After Record-Breaking $75 Billion SpaceX IPO

Tech entrepreneur and SpaceX founder Elon Musk has officially become the world's first trillionaire following the record-breaking initial public offering (IPO) of spacex.com⁠. The company raised an unprecedented $75 billion in what is being described as the largest IPO in history, with shares surging on their debut trading day and pushing the company's valuation beyond $2 trillion.



According to estimates from major financial analysts, Musk's net worth has now crossed $1.1 trillion, driven primarily by his massive stake in SpaceX, alongside his holdings in tesla.com⁠, x.ai⁠, neuralink.com⁠, and other ventures. Reports suggest that his SpaceX stake alone is worth hundreds of billions of dollars, cementing his position as the wealthiest individual in modern history.

The blockbuster IPO also marks a transformative moment for thousands of SpaceX employees and early investors who hold company equity. Many employees are expected to benefit significantly from the public listing, creating a new generation of millionaires and further highlighting SpaceX's remarkable growth from a private rocket startup into one of the world's most valuable companies.

Investors continue to place strong faith in Musk's ability to replicate the success he achieved with Tesla in emerging sectors such as space exploration, satellite communications, and artificial intelligence. The overwhelming demand for SpaceX shares reflects growing confidence in the long-term potential of Starlink, AI-driven technologies, and future space infrastructure projects.

With this milestone, Elon Musk has entered an entirely new financial category, becoming the first individual in history to surpass the trillion-dollar personal wealth mark and further solidifying his influence across technology, transportation, artificial intelligence, and space exploration.

Share this article