Elon Musk Becomes World’s First Trillionaire As SpaceX Shares Jump

Shares in Elon Musk’s SpaceX jumped 11 per cent to $150 on their first day of trading Friday after the biggest initial public offering in history, making the polarising entrepreneur the world’s first trillionaire as he vowed to take humanity to Mars.

The blockbuster operation, which raised more than $75 billion, is expected to kick off a series of major IPOs by AI companies in the coming…