Spacex IPO raises USD 75 billion, makes Elon Musk world's first trillionaire

Elon Musk's company, SpaceX, has created history by launching the world's largest IPO. With the launch of this IPO, Musk has become the world's first trillionaire. Notably, only about 20 countries in the world have a GDP (Gross Domestic Product) exceeding USD 1 trillion. The SpaceX IPO raised USD 75 billion, surpassing the record of USD 29.4 billion set by Saudi Aramco in 2019. SpaceX has issued 555.6 million shares at a price of USD 135 per share.