Zip2
Coverage of Zip2 in the Nexus archive.
- SpaceX soars 23% in Wall Street debut and makes Elon Musk the first trillionaire
SpaceX's shares surged 23% in their Wall Street debut, giving the company a $2.18 trillion market value and making Elon Musk the first-ever trillionaire. The IPO raised $75 billion, surpassing Saudi Aramco's 2019 record, as investors backed SpaceX's ambitious goals for space colonization and AI advancements despite the company's $8.7 billion loss in the past year.
- Elon Musk could become the world’s first trillionaire with SpaceX’s IPO
Elon Musk is projected to become the world’s first trillionaire as SpaceX prepares for its IPO, which aims to raise $75 billion. The company, despite significant losses, has attracted investor confidence, surpassing Saudi Aramco’s previous record for the largest IPO. Musk’s net worth is currently estimated at $982.6 billion, with SpaceX and Tesla being key contributors.
- Elon Musk tells the jury that all he wants to do is save humanity
Elon Musk testified in a high-profile trial against OpenAI co-founder Sam Altman, painting himself as a humanity savior while detailing his personal history and career journey from South Africa to founding Zip2, PayPal, and his current ventures. Musk's testimony included anecdotes about his early life and business endeavors to contextualize his motivations.