{"id":732320,"date":"2026-06-12T16:35:12","date_gmt":"2026-06-12T16:35:12","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/732320\/"},"modified":"2026-06-12T16:35:12","modified_gmt":"2026-06-12T16:35:12","slug":"spacex-ipo-elon-musk-becomes-worlds-first-trillionaire-as-spacex-shares-soar-on-stock-market-debut-follow-live","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/732320\/","title":{"rendered":"SpaceX IPO: Elon Musk becomes world&#8217;s first trillionaire as SpaceX shares soar on stock market debut &#8211; follow live"},"content":{"rendered":"<p>How much money is a trillion dollars?published at 16:05 BST<\/p>\n<p>16:05 BST<\/p>\n<p class=\"ssrcss-1l98ssq-Contributor etflsgg2\">Daniel Thomas<br \/>Business reporter<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\"><a href=\"https:\/\/www.bbc.co.uk\/news\/live\/czj8dd0kyl7t?post=asset%3A87deb7e2-d2a1-440b-a8e0-594ed84a22b9#post\" class=\"ssrcss-1e0jzsh-InlineLink e1kn3p7n0\" rel=\"nofollow noopener\" target=\"_blank\">As we&#8217;ve been reporting<\/a>, if share sales in SpaceX reach or exceed the company&#8217;s suggested price of $135 (\u00a3100), founder Elon Musk will become the world&#8217;s first trillionaire. Let&#8217;s breakdown what this means: <\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">A trillion is a thousand billion. That&#8217;s a one followed by 12 zeros. 1,000,000,000,000. <\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">But how does this unimaginable sum compare with some real life things we actually know the value of?<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">To put it into context, the personal wealth of King Charles is thought to be less than $1bn (\u00a3740m), while the world\u2019s most valuable sports team, the Dallas Cowboys, is estimated to be worth $13bn, and the ride-hailing giant Uber has a market value of about $142bn.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">It would take the average US worker 16.3 million years to earn \u00a31tn.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">$1tn is roughly the value of the entire Swiss economy.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">\n","protected":false},"excerpt":{"rendered":"How much money is a trillion dollars?published at 16:05 BST 16:05 BST Daniel ThomasBusiness reporter As we&#8217;ve been&hellip;\n","protected":false},"author":2,"featured_media":732321,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[43,44,41,39,42,40],"class_list":["post-732320","post","type-post","status-publish","format-standard","has-post-thumbnail","category-headlines","tag-headlines","tag-news","tag-top-news","tag-top-stories","tag-topnews","tag-topstories"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/732320","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=732320"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/732320\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/732321"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=732320"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=732320"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=732320"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}