Elon Musk becomes the world’s first trillionaire “on paper” after SpaceX prices and debuts its initial public offering. Multiple outlets report that SpaceX priced 555.6 million Class A shares at $135 each, raising about $75 billion and valuing the company at roughly $1.77 trillion (some reports describe a valuation near $2 trillion). SpaceX is expected to begin trading on the Nasdaq under the ticker “SPCX,” following the IPO, and the company’s share performance drives calculations showing Musk’s personal wealth crossing $1 trillion. CBS News notes that Musk’s paper fortune now rivals the annual economic output of many countries, citing World Bank comparisons. Other outlets emphasize that the milestone depends on market valuation and share prices, which can change after the IPO. Some coverage also frames investor interest in Musk’s broader ventures while acknowledging that SpaceX has recently reported losses. Overall, sources agree the IPO pricing, the scale of capital raised, and the Nasdaq listing are the key catalysts behind Musk’s trillion-dollar net-worth estimate.