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When rocket company SpaceX filed with regulators to sell shares to the public for the first time, the AP markets team knew the IPO would resonate far ...

When SpaceX went public on June 12 and Elon Musk became the world's first trillionaire on paper, the predictable reactions arrived almost immediately. Some viewed the milestone as a symbol of ...

New York City Mayor Zohran Mamdani used SpaceX's historic IPO — and founder Elon Musk's newly minted status as a trillionaire — to push policy. "Reason #1,000,000,000,000 why we should tax the rich," ...

Elon Musk became the world’s first trillionaire on Friday — reaching a wealth milestone never before achieved in human history. But how much money is $1 trillion? The human brain isn’t built to ...

Stock in Mr. Musk’s rocket and satellite maker closed just above $161, up more than 19 percent from its I.P.O. price. Ryan Mac and Lauren Hirsch Ryan Mac reported from Los Angeles and Lauren Hirsch ...

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SpaceX's pop on its trading debut drove Elon Musk's net worth, at least on paper, to over $1 trillion. Yesterday's billionaire has 4.76 billion shares in SpaceX, about an 11% stake in Tesla, and ...

Aimee Picchi is the associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has written for national news outlets ...

See more of our trusted coverage when you search. Prefer Newsweek on Google to see more of our trusted coverage when you search. Elon Musk’s long-anticipated SpaceX market debut has pushed him into a ...

See more of our trusted coverage when you search. Prefer Newsweek on Google to see more of our trusted coverage when you search. The company, valued at about $1.77 trillion at its IPO price of $135 ...