Close Menu
Invest Insider News
    Facebook X (Twitter) Instagram
    Wednesday, June 17
    Facebook X (Twitter) Instagram Pinterest Vimeo
    Invest Insider News
    • Home
    • Bitcoin
    • Commodities
    • Finance
    • Investing
    • Property
    • Stock Market
    • Utilities
    Invest Insider News
    Home»Stock Market»SpaceX IPO: Elon Musk becomes world’s first trillionaire as SpaceX shares soar on stock market debut
    Stock Market

    SpaceX IPO: Elon Musk becomes world’s first trillionaire as SpaceX shares soar on stock market debut

    June 12, 20261 Min Read


    How much money is a trillion dollars?published at 16:05 BST 12 June

    16:05 BST 12 June

    Daniel Thomas
    Business reporter

    As we’ve been reporting, if share sales in SpaceX reach or exceed the company’s suggested price of $135 (£100), founder Elon Musk will become the world’s first trillionaire. Let’s breakdown what this means:

    A trillion is a thousand billion. That’s a one followed by 12 zeros. 1,000,000,000,000.

    But how does this unimaginable sum compare with some real life things we actually know the value of?

    To put it into context, the personal wealth of King Charles is thought to be less than $1bn (£740m), while the world’s 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.

    It would take the average US worker 16.3 million years to earn £1tn.

    $1tn is roughly the value of the entire Swiss economy.

    This Riddle post cannot be displayed in your browser. Please enable Javascript or try a different browser.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleFrench luxury, banking shares gain as inflation hits its highest since 2024 By Investing.com
    Next Article Bitcoin’s price drop is forcing investors to revisit why they own it

    Related Posts

    Stock Market

    FED Meeting Live | Dow Jones | US Stock Market Live: US markets edge higher ahead of Warsh’s first Fed meet; SpaceX falls nearly 4%

    June 17, 2026
    Stock Market

    Stock market news: U.S. shares drift ahead of Fed announcement

    June 17, 2026
    Stock Market

    Stock Market Highlights June 17: Sensex gains 347 pts, Nifty closes at 24,085 on easing crude oil prices

    June 17, 2026
    Leave A Reply Cancel Reply

    Top Posts

    How is the UK Commercial Property Market Performing?

    December 31, 2000

    How much are they in different states across the US?

    December 31, 2000

    A Guide To Becoming A Property Developer

    December 31, 2000
    Stay In Touch
    • Facebook
    • YouTube
    • TikTok
    • WhatsApp
    • Twitter
    • Instagram
    Latest Reviews
    Stock Market

    World shares rise, US dollar weakens on soft labor market data

    August 22, 2024
    Investing

    EUR/AUD, GBP/AUD: Key Aussie Jobs Data Could Break the Range

    August 13, 2025
    Investing

    Brent set for record monthly gain, WTI on track for best month since May 2020 By Investing.com

    March 30, 2026
    What's Hot

    Property of the month – Chancelot Terrace

    May 1, 2026

    Alibaba gets nod for Hong Kong listing upgrade

    August 23, 2024

    Ganglong China Property enregistre 1,80 milliard de yuans de ventes contractuelles entre janvier et avril

    May 14, 2025
    Most Popular

    NYSE, CBOE to list Bitcoin ETF options after SEC approval

    October 19, 2024

    Le mot de la semaine : Inflation – 17/01

    January 17, 2025

    Bitcoin’s 2025 boom could close with first annual drop

    December 8, 2025
    Editor's Picks

    Essex Property Trust, Inc. : Truist Securities toujours neutre sur le dossier -Le 10 mars 2025 à 13:08

    March 10, 2025

    International interest in UK property coming from across the globe, brokers say

    March 19, 2025

    Could India become Asia’s next real estate investment hotspot, surpassing even China?

    October 28, 2024
    Facebook X (Twitter) Instagram Pinterest Vimeo
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions
    © 2026 Invest Insider News

    Type above and press Enter to search. Press Esc to cancel.