SpaceX's initial public offering (IPO) makes Elon Musk the world's first trillionaire, with shares opening at $150 per share. This monumental wealth comes just as SpaceX combines its rocketry, AI and social media ventures to 'build the systems necessary for life multiplanetary,' according to their S-1 filing.

Musk’s net worth has soared past $800 billion, bolstered by his 4.8 billion shares in SpaceX. The company's market cap now stands at over $2 trillion, making it the sixth most valuable US public company. Despite this, Musk is not without controversy, as he recently supported a hard-right political party in Belfast amid ongoing riots.

Musk’s ambitions to launch AI data centers into space via reusable rockets are backed by SpaceX's IPO, which has already seen share prices spike above $138. However, the WeWork IPO document pales compared to what Musk filed for SpaceX, with a rumored valuation of over $1 trillion despite nearly $5 billion in losses last year.

The Pentagon awarded SpaceX a $4.16 billion contract to build missile-tracking satellites as part of President Trump's 'Golden Dome' defense system. This marks another step forward for SpaceX’s space-based ambitions while raising questions about the allocation of resources towards such ventures amid global challenges.