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While Musk technically skated across the trillion-dollar line on Thursday, when SpaceX completed its blockbuster IPO, the company’s 19 percent jump on its first day of stock trading Friday firmly established him in the stratosphere of the world’s wealthiest humans.

The once privately held commercial rocket company, established by Musk in 2002, issued an initial public offering, or an IPO, on Friday, June 12, which means SpaceX will now sell shares of stock to the public after listing them on the U.