BlockBeats reported on June 15 that Elon Musk’s net worth increased sharply after the SpaceX IPO, making him the world’s first trillion-dollar billionaire. Before the IPO, Musk’s wealth was about $780 billion. After the SpaceX IPO pricing, his net worth was lifted by approximately $188 billion, reaching around $968 billion.
SpaceX ultimately opened at $150 per share and closed at about $161. That trading performance pushed Musk’s net worth to roughly $1.1 trillion. During part of the intraday session, his wealth briefly touched $1.2 trillion. As noted in the headline, the gap between Musk’s net worth and Bitcoin’s market capitalization narrowed to about $80 billion at one point on Friday.
According to HTX market data, BTC was fluctuating near $64,000, with its current market capitalization at around $1.28 trillion. Based on these figures, Musk’s personal wealth has moved close to Bitcoin’s total market value. If SpaceX shares continue to perform well, Musk’s net worth is positioned to surpass Bitcoin’s market capitalization.