Main content

Elon Musk becomes world's first trillionaire as SpaceX shares soar

The shares have gone public on the Nasdaq stock market in New York.

Elon Musk has become the world's first trillionaire after his company SpaceX debuted on the Nasdaq stock market in New York. Shares jumped more than 25% over their initial offer price, valuing the rocket, satellite, and AI firm at more than two trillion dollars.

Also on the programme: One of the world's best-known artists David Hockney has died aged 88; and the English miners who took football to Mexico.

(Photo: SpaceX company leadership ring the opening bell to celebrate during SpaceX's initial public offering (IPO) at the Nasdaq MarketSite in New York City, US, June 12, 2026. Credit: Reuters/Brendan McDermid)

25 days left to listen

50 minutes

Last on

Friday 20:06GMT

Featured

  • .

Broadcast

  • Friday 20:06GMT

Podcast