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Fox News

SpaceX IPO on June 12 pushes Elon Musk’s paper net worth above $1 trillion

The article says SpaceX launched an IPO on June 12, lifting Elon Musk’s paper net worth above $1 trillion. It describes Tesla and SpaceX as the central vehicles of his wealth. It also argues that Tesla accelerated global electric-vehicle adoption and that SpaceX reshaped the commercial space industry. While no financial details or pricing were disclosed, the IPO itself is portrayed as fueling expectations of a valuation reset for related entities.
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