NEW YORK, June 12, 2026 — The global financial history has been rewritten. Today, it was officially confirmed that Elon Musk's net worth has surpassed the milestone of $1 trillion. This historic capital surge occurred amid the long-awaited initial public offering IPO of SpaceX, the aerospace company, on the New York Stock Exchange.

 A 12-digit trigger
SpaceX (SPAC) stock trading opened this morning, sparking a frenzy of demand among institutional and retail investors. The capitalization of the company, which is engaged in the exploration of Mars, the launch of Starlink satellites, and the development of the Starship system, was significantly higher than analysts' forecasts in the first hours of trading.

 Since Elon Musk holds a significant stake in SpaceX, the sharp increase in stock prices has had a multiplier effect on his personal wealth. By noon Eastern time, the Bloomberg Billionaires index valued the entrepreneur's assets at $1.02 trillion, making him the first person in modern history to reach trillionaire status.

 "The new oil" is space
Experts note that the success of SpaceX's IPO is due to the company's dominance in the space services market. "Investors are not just buying rockets, they are buying the infrastructure of an interplanetary economy," commented the leading analyst at Morgan Stanley. — "Starlink has become a global communication standard, and contracts with NASA and private corporations for cargo delivery to orbit have provided the company with a stable revenue stream for decades to come."

 Elon Musk himself, commenting on SpaceX's stock market debut on his X social media account, was concise: "Let's make life multi-planetary. This is just the beginning."

Market and public reaction
The historic record has sparked a heated debate in the expert community. On the one hand, Wall Street analysts are calling Musk's achievement a "triumph of innovative capitalism." On the other hand, the news has sparked another wave of debates about the critical wealth disparity in the world.

 Musk's net worth now exceeds the GDP of countries like Switzerland, Argentina, and Saudi Arabia. Critics argue that the concentration of such vast resources in the hands of a single individual raises serious concerns for regulators and governments around the world.

 What's next?
At the moment, SpaceX's stock continues to exhibit high volatility, reflecting investors' faith in Musk's ambitious plans to colonize Mars. The exchange's representatives note that the company's trading volume surpassed the record set during the IPOs of tech giants in the early 2020s.

 As the markets continue to digest this news, one thing becomes clear: the future economy will be shaped not only by terrestrial assets but also by who controls access to Earth's orbit and beyond. And today, that person is Elon Musk.