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John D. Rockefeller, the Gilded Age oil baron, became America's first billionaire in 1916. Like Elon Musk's ascension, the milestone made headlines.
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There were a lot of ways that SpaceX's initial public offering could have gone wrong. Instead, the company bucked Wall Street norms, pulled off the biggest IPO ever and raised $75 billion.
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Elon Musk's stake in SpaceX is worth more than $766 billion. Combined with his Tesla holdings, Musk's net worth as of Friday is roughly $1.05 trillion.
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AI and rockets group cracks list of world's most valuable companies after historic float
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