
On 12 June 2026, SpaceX, the rocket, space, and AI company of billionaire Elon Musk, began trading on the Nasdaq stock exchange, setting multiple historic records on its first day.
Not only was it a historic IPO that pushed the company’s valuation past $2 trillion, but Elon Musk also rose to become the world's first trillionaire.
As of the morning of Thursday, 18 June 2026, SPCX shares had gained over 30% since their initial trade. At one point on Wednesday, the price surged to $220 per share, pushing the company's market value to $2.568 trillion, overtaking Amazon to rank fifth globally before falling back to sixth on Thursday.
Another historic milestone Elon Musk achieved was becoming the world’s first trillionaire, or Trillionaire, just one day after SpaceX’s market debut. His wealth reached $1.1 trillion initially and, according to Forbes on 18 June 2026, had grown to $1.3 trillion.
This is because his business holdings extend beyond just SpaceX.So, where exactly does Elon Musk’s immense wealth come from?This article from Thairath Money compiles the information for better understanding as follows.
These company valuations fluctuate continuously, especially for publicly traded firms, while private companies do not disclose official details of Elon Musk’s shareholdings.
Sources:BBC,Forbes,Companies Market Cap,Fortune
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