Is the world's first "trillionaire" in sight? Elon Musk personally owns about 42% of SpaceX.

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Mars Finance News, June 12 — Elon Musk may become the first person in history with a net worth exceeding $1 trillion, as SpaceX is set to go public on NASDAQ today. According to the S-1 registration statement filed with the U.S. SEC on May 20, Musk personally owns approximately 42% of SpaceX shares before the company's IPO, which will be diluted to about 40.5% after the listing. Forbes currently values Musk's net worth at $982.6 billion. According to the revised SpaceX registration documents from last week, Musk's total holdings of 6.4 billion shares of SpaceX (including Class A and Class B shares) will be locked for 366 days, meaning they cannot be sold during this period. In contrast, other executives can begin selling their shares earlier under phased unlocking arrangements.
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