ECONOMY — June 12, 2026
Elon Musk Becomes World's First Trillionaire After SpaceX IPO
Elon Musk became the world's first trillionaire after SpaceX went public, though accounts differ on specific figures for the offering and his prior net worth.
The Ehtebar Desk — originates with Khaama Press — corroborated by Ariana News — 2 min read
Elon Musk has become the world's first trillionaire after SpaceX completed its initial public offering and listing.
This development was reported by news outlets on June 12, 2026. The listing on the Nasdaq exchange led to a substantial increase in the value of Musk's holdings in the company.
Details regarding the offering and prior wealth estimates show some differences across reports. Ariana News indicated that the IPO raised 75 billion dollars, resulting in Musk's net worth exceeding 1.1 trillion dollars based on a previous estimate of 780 billion dollars. In contrast, Khaama Press stated that SpaceX was valued at 1.77 trillion dollars after offering 555.6 million shares at 135 dollars each, with Musk's 42 percent stake pushing his net worth over one trillion dollars from a prior 696 billion dollars.
Both sources agree on several points. They report that the value of Musk's SpaceX stake is approximately 866 billion dollars following the listing. The outlets also concur that Musk held the position of the world's richest person before this event occurred.
His wealth comes primarily from his interests in Tesla and SpaceX, according to one account, far surpassing that of other billionaires.
Read the original reporting at Khaama Press →
Reliability assessment
Two independent sources corroborate the core event of the SpaceX IPO/listing and Musk reaching trillionaire status; minor variations exist only in pre-IPO estimates and exact offering figures
The source language mixes facts with framing or advocacy wording. Ariana News: "unprecedented surge", "significantly ahead", "high investor confidence in Musk's business empire" — these phrases use positive, hyperbolic framing to portray Musk's achievement as exceptionally dominant and admirable.; Khaama Press: "reignite debate over wealth inequality", "criticism from those concerned about the concentration of wealth and power" — these phrases introduce opinionated framing around economic disparity and power concentration, blending factual reporting with mild advocacy language on wealth issues.
Across the newsrooms
Where reports agree
- SpaceX went public via IPO/listing on or around June 12 2026
- Elon Musk's net worth crossed $1 trillion as a result, making him the world's first trillionaire
- Musk's SpaceX stake value reached approximately $866 billion post-listing
- Musk was already the world's richest person prior to the listing
Where reports differ
- Pre-IPO net worth estimates differ ($780B vs $696B)
- SpaceX valuation and offering details differ ($75B raised vs 555.6M shares at $135 for $1.77T valuation)
Filed by 2 outlets
Khaama Press
Originating
Framed
Framed
Ariana News
Framed
Framed
Filed under
Economy — Elon Musk, SpaceX, IPO, Trillionaire
Spotted an error or have more on this story? Tip the desk on Telegram → or WhatsApp →.
Reader supported
Keep Ehtebar running
Every published story uses paid tools to translate reporting, compare sources, extract claims, and produce a clearer read on Afghanistan. Reader support helps keep that work independent.
€5
helps cover daily verification runs
€15
supports a week of source comparison
€50
keeps independent analysis moving
More in Economy
Afghan and Iranian Officials Meet to Expand Mining Cooperation
— Reliable
Slow Progress on New Kabul Project Prompts Calls for Greater Oversight
— Reliable
Kazakhstan Grain and Flour Exports to Afghanistan Rise 58 Percent in Eight Months
— Reliable
SAARC Report Highlights Stability in Afghanistan's Banking Sector and Trade Growth
— Reliable