Elon Musk achieved a net worth exceeding $1.11 trillion on Friday, becoming the world’s first trillionaire, following SpaceX’s initial public offering (IPO). The IPO marked the largest stock market debut in history, with shares beginning trade on the Nasdaq at $150, surpassing the initial offering price of $135. Trading saw the stock peak at $176 before closing. Bloomberg reported the milestone at the end of trading, attributing it to SpaceX’s strong market performance. This valuation solidifies Musk’s position as the wealthiest individual globally. The successful IPO signals significant investor confidence in the future of SpaceX and its ventures.