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Elon Musk becomes world's first trillionaire as SpaceX breaks record in stock market debut

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Elon Musk has officially become the world’s very first trillionaire. His company SpaceX has raised 75 billion US dollars (£56 billion) ahead of its record-breaking 1.8 trillion US dollar (£1.3 trillion) US stock market debut on Friday as it looks set to become the biggest flotation of all time.

The move has cemented Tesla and X owner Mr Musk’s position as the richest man on the planet.

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