Elon Musk’s net worthcrossed the $1 trillion mark today (Friday), making him the first person toreach that level of personal wealth. The surge followedSpaceX’s debut on the Nasdaq at $150 per share, which valued the rocket andsatellite company at nearly $2 trillion. Forbes estimated Musk’s fortune atabout $1.1 trillion by midday Friday, up from $982 billion a day earlier.The rise comes asseveral of Musk’s companies have expanded beyond their original markets.Finance Magnates recently reported that Xis moving deeper into payments, trading, and market data, while xAIcontinues to grow its artificial intelligence business. These developmentshave contributed to stronger valuations across his corporate holdings ahead ofthe SpaceX listing.Musk Hits Trillionaire After SpaceXEric Chia, Financial Markets Analyst atExness, said "the real SpaceX trading story begins the morning after"the IPO, when the focus shifts from investor enthusiasm to execution. He addedthat SpaceX is entering the market at "the most demanding valuationmultiple ever attached to a new listing."The jump was driven bySpaceX’s IPO pricing on Thursday at $135 per share. Forbes calculated that theoffering added roughly $188 billion to Musk’s net worth in a single day.Musk, who serves asSpaceX’s chairman, chief executive officer, and chief technical officer, ownsabout 4.8 billion shares in the company. At Friday’s opening price, thoseshares were valued at roughly $715 billion. He also holds about 350 millionstock options with an exercise price of $8.40 per share, worth an estimated $50billion.Combined, the sharesand options represent a stake of around 38% in SpaceX, valued at about $765billion.Elon Musk just became the world’s first trillionaire.With SpaceX opening on the Nasdaq at $150 a share Friday, his stake in the company is worth more than $766 billion. Combined with his Tesla stake, which is worth $280 billion, Musk’s net worth from both companies as of Friday… pic.twitter.com/a4jq3SWYE1— CNBC (@CNBC) June 12, 2026Wealth Spreads Across Multiple HoldingsBefore the IPO, Forbes valued Musk’s SpaceXholdings at around $500 billion, based on a $1.25 trillion company valuationfollowing the merger of artificial intelligence firm xAI with social mediaplatform X, formerly Twitter, earlier this year.Outside SpaceX, Muskowns just over 10% of Tesla, a stake worth about $163 billion based on thecompany’s market capitalization of roughly $1.5 trillion. He also holds optionsthat could increase his ownership by nearly another 8%, worth an estimated $113billion.The remainder ofMusk’s wealth comes from smaller holdings in Neuralink and the Boring Company,as well as proceeds from previous Tesla share sales.This article was written by Tareq Sikder at www.financemagnates.com.