Elon Musk's stake in SpaceX is worth more than $766 billion. Combined with his Tesla holdings, Musk's net worth as of Friday is roughly $1.05 trillion.

The company's shares were trading at $160.95 each (£120) at the market's close on Friday, above the company's estimated listing price of $135.

Quick ReadMusk qualifies for a maximum Social Security benefit of just $5,181 per month if he waits until age 70 to ...

One economist says Musk’s world-first level of extreme wealth highlights massive economic disparities and could have profound effects on society ...

By some metrics, Musk even has iconic oil tycoon John D. Rockefeller beat.

Elon Musk became the world’s first paper trillionaire when Space Exploration Technologies Corp. (NASDAQ:SPCX) priced its record IPO at $135 Thursday night, and the cushion widened fast once shares ...

Elon Musk just became the world’s first trillionaire after SpaceX, his rocket and AI company, went public on Friday. It’s a staggering amount of wealth never seen before in the history of human ...

Elon Musk became the first person to achieve the status thanks to his massive stake in SpaceX. The company's public debut on June 12 pushed Musk's net worth up to $1.1 trillion. But are there more ...

The SpaceX IPO has huge implications for how you lead when extreme wealth concentration is reshaping trust, culture, and your employees.

The SpaceX CEO's fortune on paper now rivals the annual economic output of many countries, according to World Bank data.

Musk is now worth $1.11tn according to the Bloomberg rich list, while SpaceX listed on the Nasdaq stock exchange with a value of $2.2tn.

The SpaceX and Tesla CEO is making a series of futuristic bets, with some of his businesses colliding with the media, entertainment and telecom sector.