06/19/2026
Last Friday, SpaceX did their IPO to the tune of $150 per share. What happened next was what everyone predicted, and Elon Musk became the first trillionaire. It didn’t take long, and Elon Musk increased his net worth by far more than the net worth of 2nd richest man on the Forbes richest list. On Thursday, Musk was worth $1.22 trillion. Of course that’s not in cash, and it does bounce down in value as SpaceX stock went down after an earlier high of $214 a share, but it’s still up. The sale also made many others rich, and there are naysayers as well. It’s still an amazing story to watch.
Betting against Elon Musk can burn investors.
Source: 2 Reasons Investors Should Not Short SpaceX Stock
- - - - -
2 Reasons Investors Should Not Short SpaceX Stock
Last Friday, SpaceX did their IPO to the tune of $150 per share. What happened next was what everyone predicted, and Elon Musk became the first trillionaire ...