Larry Ellison, Jack Dorsey, A Saudi Prince And Other Unexpected Winners From The SpaceX IPO

Elon Musk is now a trillionaire thanks to the record-breaking IPO price, which also minted a new billionaire and boosted the fortunes of many others. SpaceX priced its IPO at $135 per share Thursday, implying a $1.8 trillion market cap for the company. That boosted Musk’s net worth by $188 billion to an estimated $982 billion, according to Forbes’ calculations. If Tesla’s share price remains unchanged and SpaceX’s stock climbs to $138.50 per share when trading starts Friday, Musk will become the first trillionaire in world history. He’d also become a trillionaire if Tesla’s stock rises from $399 to $424...