SpaceX stock soars in debut and makes Elon Musk the first trillionaire

By , Special to The Daily Memphian Updated: June 12, 2026 3:16 PM CT | Published: June 12, 2026 3:13 PM CT

Musk became the world’s first trillionaire after shares of his rocket company SpaceX, which also operates Memphis data centers, soared in Wall Street’s biggest initial public offering of stock.

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SpaceX Elon Musk xAI

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