ELON MUSK BECOMES THE WORLD'S FIRST TRILLIONAIRE

Summary from the TLDR newsletter

Elon Musk became the world's first trillionaire on Friday after shares of SpaceX rose 20% from their initial public offering price of $135. Musk was already the world's richest person, claiming the title from Jeff Bezos in 2021 with a net worth of over $185 billion. His worth is now equivalent to more than 3% of the US gross domestic product. It is five million times as large as that of the typical US family.