Musk Net Worth Approaches $1.2 Trillion as SpaceX IPO Trades Above $172
SpaceX soared 27.5% above its $135 IPO price to $172.16, valuing the company at $2.26 trillion and boosting Elon Musk’s paper net worth to as much as $1.20 trillion, as investors await a potential Nasdaq-100 inclusion that could trigger major index-fund buying, even as analysts warn the current price far exceeds fair value estimates.