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Elon Musk becomes world’s first trillionaire after SpaceX IPO

techJun 13, 2026887,613

SpaceX's IPO surged about 19% on its first day of trading, valuing the company near $2.1 trillion and lifting Elon Musk's net worth to roughly $1 trillion, making him the world's first trillionaire. The market move reflects strong investor pricing of SpaceX's satellite and launch businesses and the value of Musk's sizable equity stake. The milestone reshapes global wealth rankings and sharpens debates over wealth concentration, potential market ripple effects, and policy responses on taxation and corporate power.

Max Kennerly
@maxkennerly.bsky.social

It's an objective fact that Elon Musk is a mass murderer. He intentionally caused the deaths of millions of people. There's no caveats to this, no alternative explanations, no defenses, no missing context; that was the sole reason for doing what he did.

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Ryan Marino, MD67

And everyone who supported it or engages with him is complicit

Microplastics Sommelier38

ludicrous that he posts constantly about how we’re in a race war, deliberately took actions to kill millions of non-white people, and we’re expected to treat him differently than, say, slobodan milošević or jeffrey dahmer

Dr. Tea, Cake, & Revolution.26

And he did it in a mood of frivolity, apparently incapable of understanding the solemnity of his depraved heart indifference mass murder.

EquallyConfused16

Stalin’s Holodomor is a good comp here, I think. Reckless neglect caused by ideological rigidity & the pursuit of a narrow agenda authored by a single hierarch with extreme power is essentially indistinguishable from statist violent abuse.

Interesting Times12

He's a eugenicist so yeah. Any money going to help the wrong sort of people (non whites) is money misspent. He really should be in jail for some of the stuff he's done but instead, well, here we are.

Stephen Morrison12

It's worth adding that it's quite clear Musk killed USAid because he wanted Black people to die.

Julie Langston7

There's no clean way to "make" a trillion dollars.

CB7

The world’s first trillionaire was exactly the one we deserve. A monster.

Mindy4

Like so much we say about the T administration, sounds like hyperbole, but it is absolutely true.

@dpc1zspeaking3

People need to stop talking about his trillionaire bull shit and talk about this subject .. more. He IS another evil Nazi mass murderer who needs to be stopped.. what an evil Scumbag 😡

mcbeave17.bsky.social3

In any other circumstance it wouldn’t be hard to imagine that the richest person in the world and the worst person world could be the same person. In this case it’s an indisputable fact.

shep3

You could really say the same about a number of Republicans during the COVID outbreak, they knew their rhetoric and policies would get people killed but made the political calculation to do any anyway. No blame, no consequences. Rinse. Repeat.

@gmacblue.bsky3

Musk admits to putting USAID through the shredder. Musk also knew it would kill millions of children and people. I call that premeditated.

Just Barely Barning On2

For this reason and many more, it should be up to his estate to sue for damages when SpaceX is broken up or liquidated

Mrs. Betty Bowers
@mrsbettybowers.bsky.social

Several years ago, Elon tweeted about how he came up with the name Tesla, only to be reminded that the company's *real* founders, Martin Eberhard and Marc Tarpenning, came up with the name long before Musk got involved with the company. Yes, he is a fraud.

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Giant Photon15

I always found it weird he didn't call the company "Edison" after the big industry mogul who exploited the work of Tesla. Much more suiting for his character.

Giles Patterson Hennessey13

I think Nikola Tesla has more to do with the name. Also Musk isn't a Nikola Tesla he's a fucking Thomas Edison. A thief of ideas.

Robyn10

He’s a real colonizer through and through. No original ideas or plans he just buys his way in and takes over and calls himself an inventor of whatever is he buys out.

MadGreek 🧿8

Elon never invented anything. He's not that smart. His genius is spotting talent and buying their idea.

Aaron Peters7

Everything about Musk is fraudulent. He BOUGHT Tesla, and didn't turn a profit for years. Its income came from gov't credits. SpaceX has value mostly from gov't contracts (our tax dollars) and leasing its servers to other AI companies bc Grok is a failure, but it still posted almost $5B in losses.

El Topo 🍁6

That's how you become a trillionaire in America. By scamming and conning your way there.

Ernesto4

#Musk’s SpaceX pockets $75 billion at $135 per share, the biggest IPO ever. A predictable triumph, perfect as a showcase for Trump’s oligarchy’s favorite #ElonMusk (DOGE), turning every achievement into a piece of cynical political theater. #FuckMAGA #FuckElonMusk

accidentalflyer 🇨🇦🇹🇼🇺🇦3

Remember SpaceX intellectual properties came from NASA funded McDonnell Douglas DC-X. en.wikipedia.org/wiki/McDonne...

acturia111.bsky.social3

The guy who did this is a “trillionaire.”

jeffreyhf.bsky.social3

He's also not engineer, no inventor, other than financial engineering and invention. And, all on the backs of us taxpayers and corrupt crony capitalism.

DemVi3

Fraud and a Nazi SOB!

srmacpherson2

Tesla and SpaceX used to have a team whose job it was to keep Elon away from touching things. Often top execs. PayPal would give him code to occupy him, and not let his code touch the release versions. He’s a nothing, just like Trump. If not for his rich daddy and the American government…

Capt. Stone2

He was lucky to buy businesses with future, that were started by somebody smart. All his own "inventions", like Hyperloop, Boring company etc are stupid and out of touch, just like he himself.

janehasopinions.bsky.social2

This is what megalomanics do. They rewrite history in their favor. Not only is Elon a fraud, he is corrupt and a racist.

Scott Horton
@robertscotthorton.bsky.social

Who funded every business venture Elon Musk has launched? US taxpayers, involuntarily. What have they gotten from the investment? Nothing whatsoever.

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Orange Dotard Slayer - 트럼프 엿먹어11

Hunter Biden gets candid on Elon Musk: “You’ve got some motherf-cker who’s made over $251 billion being a United States citizen, that got here and stayed here illegally before he got his citizenship, sitting here lecturing us on who we should allow into the US” www.reddit.com/r/Fauxmoi/co...

William R Knecht, Ph.D.9

Oh, but you forget the millions who'll die because USAID was defunded by DOGE. Of course, most of those will be foreigners, so who gives a shit, right?

AZcatladyisliberal9

One could argue that American taxpayers unwillingly funded the creation of an immoral, sociopathic monster who has used his wealth to destroy our society.

BlueCO4

Makes me wonder how much he’d be worth if he had to pay his government loans back and had to pay taxes on his wealth

Orange Dotard Slayer - 트럼프 엿먹어4

Hunter Biden’s Rant About Elon Musk Resurfaces & People Actually Think He Has A Point littlethings.com/entertainmen...

digitaldesert.bsky.social3

But WHO literally gave away to him the contracts, subsidies and tax credits? This is more a feature and not a bug of our political and economic system. This is what taxpayers get for being “low info” voters.

brbmd.bsky.social3

And therein lies the problem…these moochers socialize the costs…but then hang on to the profits…then manipulate tax law to never pay their fair share…lather rinse repeat…

Sascha_Vykos23

Sometimes getting nothing immediately back is fine and good. Recyclables, soft power. Cancer research. Long game is more important and worth losses even. But this bitch is a trillionaire and this is straight up parasite shit. He should be paying us to test his bullshit.

Stupid dumbshit goddamn motherfucker3

Just saw some jerkoff on The Weekend saying don’t bet against Elon. That’s like saying don’t bet against AOL.

Fresh Charlie 🌴🐊🌴3

The only reason he’s a trillionaire today is because he’s being propped up

Dave in SoCal2

Musk has been sucking the life out of the US for years. Wealth does not equal value. (Where is the inequality sign?)

Aleianjack2

I want my Social Security to be funded from his govt. contracts!

𝐴. 𝑎𝑚𝑒𝑟𝑖𝑐𝑎𝑛𝑎 of Fennario🇺🇸🇺🇦🧬🔵2

Unless you’re really into explosions.

Emma Evans
@trance.bsky.social

Elon Musk is not a trillionaire. If I wrote a check to you for a billion dollars, since you can not turn that check into a billion dollars, you would not be a billionaire. Elon Musk cannot cash out to the tune of a trillion dollars. I suspect he couldn't even manage one billion.

142Yesterday
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