Following its debut on the Nasdaq, Elon Musk's SpaceX has seen its share price surge, reportedly making him the world's first paper trillionaire based on market capitalization. The company's shares rose over 25% from their opening price.

Elon Musk's SpaceX company has floated on the Nasdaq stock exchange, with shares climbing more than 25% above the opening price. This makes Musk the world's first paper trillionaire, at least by market capitalization.