Is Elon Musk literally out of this world, or are we all just living in his simulation? Because honey, the tech mogul just became the first-ever TRILLIONAIRE in human history, and we are absolutely losing it.
On Friday, June 12th, Musk’s aerospace company SpaceX made its highly anticipated stock market debut, and let’s just say the stars aligned—pun absolutely intended. The shares hit the market at $135 per share, but because apparently the universe bends to Elon’s will, those bad boys immediately started trading at a spicy $150. But wait, there’s more! By the time the dust settled, SpaceX stock was absolutely SOARING at $168.75 per share. Like, ma’am, slow down!
This astronomical jump in value catapulted Musk over the trillion-dollar threshold, making him officially richer than some entire countries. To put this in perspective, that’s a thousand BILLION dollars. We can’t even comprehend that number, and frankly, neither can our bank accounts as we cry into our ramen noodles.
The internet absolutely ERUPTED when news broke. Fans and critics alike were thirsting for hot takes. Some people were genuinely excited, posting celebratory tweets about watching history happen in real-time. Others? Well, they were far less impressed, pointing out that one person having that much wealth while regular folks are struggling to make rent is giving major dystopian vibes. And honestly? They have a point.
Social media was basically divided into two camps: Team “Elon Is A Genius” and Team “This Is Obscene Wealth Inequality.” Meanwhile, the man himself was probably off launching rockets to Mars or tweeting something cryptic at 3 AM, because that’s just what he does.
SpaceX’s IPO performance has everyone talking about whether this validates Musk’s vision for space exploration or if we’re all just watching a real-life monopoly game play out with actual consequences. Either way, one thing’s for certain: Elon Musk is living in 2074 while the rest of us are still in 2024.
What do you think? A) Elon’s success is inspiring and entrepreneurship goals! B) One person having a trillion dollars is absolutely bonkers and problematic.