Elon Musk has actually ended up being the very first individual to cross the trillionaire limit, a minimum of on paper, after SpaceX priced its hit going public at $135 a share. Before the IPO, Musk deserved an approximated $813 billion, a fortune more than two times as big as the world’s second-richest individual, Google co-founder Larry Page, who deserves an approximated $288 billion, according to Forbes. SpaceX officially setting its stock cost at $135 enhanced Musk’s fortune to simply over $1 trillion. The shares, which will trade under the ticker sign “SPCX,” are poised to start trading on Friday after the Nasdaq Composite index opens at 9:30 a.m. If SpaceX increases above $135 per share, Musk’s wealth will climb up even more, though he might fall listed below the trillionaire limit if the stock sinks.
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