SpaceX IPO Creates World's First Trillionaire

SpaceX's record-setting initial public offering has officially launched, making Elon Musk the world's first trillionaire.

The company's debut on the Nasdaq exchange has sparked significant market optimism and raised questions about the future of mega-IPOs in the AI era.

Shares soared by as much as 30% on its debut, closing up 19%, valuing the company at over $2 trillion.

This unprecedented wealth accumulation for Musk has further highlighted the widening global wealth gap.

South Korean firm Hanmi Semiconductor has also announced a $32.9 million investment in SpaceX, signaling strategic cooperation in AI.