TradingKey – SpaceX stock price continued to rise today, making Elon Musk the world’s first trillionaire, with a net worth equivalent to Bitcoin’s total market capitalization.
In pre-market trading on June 15 ET, Elon Musk’s aerospace company SpaceX (SPCX) extended its rally, climbing over 6% at one point to return above $170 before paring gains. Last Friday, SpaceX debuted on the Nasdaq, with its stock price surging to $179 at one point, up 35% from its IPO price of $135.
SpaceX price chart, Source: TradingView
The surge in SpaceX’s stock price has propelled Elon Musk’s net worth, making him the world’s first trillionaire. Before the listing, Musk’s net worth was below $800 billion; on the first day of trading, it briefly touched $1.2…
