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SpaceX IPO makes Musk world’s first trillionaire; he promises ‘we are taking you to Moon’
SpaceX's public debut has propelled its valuation over $2 trillion, making Elon Musk the world's first trillionaire. Musk declared the IPO a launchpad for a grander vision: making space travel accessible to everyone, not just astronauts. He aims to build the commercial infrastructure for sci-fi futures, promising to take ordinary citizens to the Moon, Mars, and beyond.
Meet the regular people making money off SpaceX’s IPO — from a few bucks to a few million
MarketsMeet the regular people making money off the SpaceX IPO — from a few bucks to a few millionFor a 60-year-old former SpaceX engineer and two Gen Z retail traders, the historic initial public offering delivered meteoric returns and lunch money.Listen to this article with a free account00:0000:00Add NBC News to GoogleSpaceX makes history in largest ever initial public offering02:29Get more newsLiveonShareAdd NBC News to GoogleJune 12, 2026, 9:10 PM EDTBy Kayla Steinberg and Grace ThomasFrom...
Finance Bill 2026 laid before Senate amid opposition uproar
ISLAMABAD: Finance Minister Muhammad Aurangzeb on Friday laid a copy of the Finance Bill 2026 containing the Annual Budget Statement before the Senate amid a noisy protest by opposition members who chanted slogans rejecting the proposed budget. Moving that the Senate make recommendations, if any, to the National Assembly on the bill as required under Article 73 of the Constitution, Mr Aurangzeb faced full-throated slogans from the opposition benches. Senate Chairman Syed Yousaf Raza Gi...
BUDGET 2026-27: CPEC 2.0 only new project in Rs3.6tr development kitty
• Govt announces Rs1tr for PSDP, Rs2.2tr for provincial programmes, and Rs450bn for SOEs • Three key motorways, Main-Line 1 track, K-IV water scheme among mega-projects being financed • Major allocations for AJK, GB & tribal districts ISLAMABAD: The government on Friday announced a Rs3.675 trillion development budget for the next fiscal year, with hardly any new uplift projects. However, the Public Sector Development Programme (PSDP) contains a list of long-overdue mega...
Budget offers tax break to salaried class, businesses
• Income tax rates reduced for salaried individuals earning between Rs2.2m and Rs7m annually; 35pc slab threshold raised to Rs7m • Super tax abolished for incomes up to Rs500m; advance taxes on property transactions and foreign card payments reduced • Customs duties cut on 92 tariff lines; sales tax relief extended to sectors including EVs, shipping, refineries and magazines ISLAMABAD: The government has unveiled a sweeping package of tax and tariff reforms, off...
UK is put on recession alert over Iran war, higher taxes and Labour turmoil
UK is put on recession alert over Iran war, higher taxes and Labour turmoilREAD MORE: Economy went into reverse in April as Rachel Reeves blames Iran war chaosSee more Daily Mail on Google - save us as a Preferred SourceBy HUGO DUNCAN BUSINESS EDITOR Published: 01:11, 13 June 2026 | Updated: 01:11, 13 June 2026 e-mail View comments
كيف أصبح مارك زوكربيرغ مليارديرًا بقيمة 150 مليار دولار رغم انسحابه من الجامعة؟
مارك زوكربيرغ، الشاب الذي انسحب من جامعة هارفارد، أصبح أحد أغنى أغنياء العالم. تعالوا نكتشف تفاصيل رحلته المدهشة من شاب عادي إلى ملك الشبكات الاجتماعية!
From Dorm Room to Dominance: How Mark Zuckerberg Built a $150 Billion Empire
Discover the astonishing journey of Mark Zuckerberg, the college dropout who transformed social media into a multi-billion dollar phenomenon. Uncover the strategic moves and unexpected twists that skyrocketed his net worth to $150 billion.
Musk, a man in a trillion: Frenzy for shares in SpaceX send wealth of Tesla owner past landmark
Musk, a man in a trillion: Frenzy for shares in SpaceX send wealth of Tesla owner past landmarkREAD MORE: Investors told to be wary of cashing in stocks to pile into SpaceX frenzySee more Daily Mail on Google - save us as a Preferred SourceBy JOHN-PAUL FORD ROJAS, DEPUTY BUSINESS EDITOR Published: 00:58, 13 June 2026 | Updated: 00:59, 13 June 2026 e-mail View comments
Govt notifies order to cap bulk fuel buys during crunch
Institutional, industrial and commercial consumers can be directed not to procure petrol or diesel from retail outlets and instead source their requirements through authorised bulk channels. Retail outlets may be barred from selling more than 200 litres of diesel to a customer or vehicle in a day, while fuel procured under the provision cannot be resold.
كيف يكسب إيلون ماسك 300 مليون دولار يومياً؟ تعرف على روتينه اليومي المذهل!
إيلون ماسك، الرجل الذي أحدث ثورة في عالم التكنولوجيا والفضاء، يكسب 300 مليون دولار يومياً! تعرف على كيفية تحقيقه لهذا الإنجاز المذهل من خلال روتينه اليومي المُفعم بالطاقة والإبداع.
Unlocking the Secrets: How Elon Musk's Daily Routine Generates $300 Million Every Single Day!
Ever wondered how Elon Musk makes a staggering $300 million daily? Dive into the daily habits and routines of the billionaire to discover the unconventional strategies that fuel his extraordinary success.
Unleashing the Beast: The $4 Million Bugatti Tourbillon Hypercar Is a Game Changer!
Prepare to be amazed as we dive into the world of the Bugatti Tourbillon, a $4 million marvel that redefines automotive engineering. With mind-boggling specs and a design that fuses luxury and performance, this hypercar is not just a vehicle; it's an experience.
Record SpaceX IPO rockets Trill'Elon'aire Musk as stock ends at $161
Despite the excitement, SpaceX remains unprofitable and generates significantly less revenue than several technology companies with comparable market valuations. The listing proceeded without major disruptions, in contrast to some high-profile public offerings of the past. Trading began late on Friday morning and the stock eventually closed at $160.95 per share, giving the company a market capitalisation of approximately $2.1 trillion.
SpaceX makes history in largest ever initial public offering
When SpaceX stock began trading on the NASDAQ, company founder Elon Musk became the world’s first trillionaire. Many of his current and former employees also now find themselves to be multi-millionaires. NBC News’ Christine Romans reports.
How Elon Musk Just Became The World's First Trillionaire
BusinessHow Elon Musk Just Became The World's First TrillionaireByForbesTV,Forbes Staff.Follow AuthorJun 12, 2026, 06:24pm EDT--:-- / --:--This voice experience is generated by AI. Learn more.This voice experience is generated by AI. Learn more.On "Forbes Talks," Forbes Executive Editor Luisa Kroll and Forbes Reporter Matt Durot discuss Elon Musk becoming the world's first trillionaire after the IPO of SpaceX.Got a tip? Share confidential information with Forbes.Editorial StandardsReprints & Per...
US justice department approves $111bn merger of Paramount and Warner Bros Discovery
Deal still under UK scrutiny with new investigation, and could face lawsuit from state attorneys generalDonald Trump’s Department of Justice has decided to approve the $111bn merger of Paramount Skydance, controlled by the Ellison family, and Warner Bros Discovery, the parent company of networks like CNN and HBO.The deal was approved by the justice department’s anti-trust division after months of review, and despite the concerns of many people in the entertainment and media industries who believ...
Teen plans to leave uni 'debt free' after making £35,000 selling vintage football shirts
Teen plans to leave uni 'debt free' after making £35,000 selling vintage football shirtsJust nowShareSaveAdd as preferred on GoogleAngharad ThomasBBC Wales CowshedEleri Williams has opened Ballers CP in Cardiff's Royal Arcade A teenager who started reselling vintage football shirts and made more than £35,000 has said she now aims to graduate university debt‑free.Eleri Williams, 18, set up an online football shirt resale business from her parents' spare room during her GCSEs.Three years later, sh...
Warner Bros $111bn sale to Paramount approved by US Justice Department
Warner Bros $111bn sale to Paramount approved by US Justice DepartmentJust nowShareSaveAdd as preferred on GoogleBBCParamount Skydance's $111bn (£828mn) acquisition of Warner Bros Discovery has been approved by the US Department of Justice, according to the BBC's news partner CBS. The approval marks a key development in the merger that will reshape media, allowing a takeover of the Hollywood studio, which owns CNN and HBO, to continue.The sale has been filled with contention, from Paramount's ba...
Victor Wembanyama confident in Spurs comeback despite Game 4 collapse: 'Everybody knows we're going to do it'
The San Antonio Spurs were just a few minutes away from having all the momentum in the NBA Finals, but it slipped away.After trailing by as many as 29 points in the second half and even 20 in the fourth quarter in Game 4 on Wednesday, the New York Knicks completed the largest comeback in NBA Finals history to take a 3-1 series lead, rather than being tied at two heading back to Texas.The Spurs' backs were against the wall when they dropped the first two games of the series at home, but they salv...