Elon Musk became the world's first trillionaire on Friday after shares of his space technology company, SpaceX, jumped 25% on the first day of trading.
The surge helped lift the wealth of the company's founder and chief executive beyond the trillion-dollar threshold.
Shares of SpaceX finished trading at just under $161 each, giving the company a market value of about $2.1 trillion.
Musk's net worth is estimated at $1.1 trillion, according to Forbes.
His business interests stretch across several industries, including space exploration, electric vehicles, tunnel construction, and social media.
SpaceX's Starlink satellite internet service brought in $4.4 billion in operating income last year.
The company also controls X, the social media platform previously known as Twitter.
