Elon Musk Throws Extravagant Bash After Shattering Records as World’s First Trillionaire

Jun 16 2026

Elon Musk just hit the trillionaire jackpot, and he’s not keeping it to himself!

The SpaceX founder threw a massive celebration for the employees who propelled the company to this monumental IPO.

“Elon celebrated the IPO at Starbase last Friday,” a source revealed, pinpointing the launch facility in southern Texas as the venue for the festivities.

“He’s low-key a man of the people and wants to chill with other engineers,” the insider added, emphasizing Musk’s desire to connect with those who fueled SpaceX's success.

Photographs captured Musk alongside his siblings, Kimball and Tosca Musk, during the event, as shared on X.

Later that night, several SpaceX executives raised their glasses at the upscale members club Zero Bond in NoHo, where glamour and entertainment were in full swing. Before that, they partied at JP Morgan Headquarters.

Meanwhile, employees from xAI, a subsidiary of SpaceX, gathered for cocktails and dancing at The Yacht Club in Chelsea.

A spokesperson for SpaceX did not respond immediately for comment.

Musk ascended to the title of world’s first trillionaire last Friday when SpaceX executed the largest IPO in Wall Street history.

The company kicked off trading on Nasdaq, closing at $161.11—19% above its IPO target price of $135—valuing SpaceX at over $2 trillion.

This staggering achievement catapulted SpaceX to the sixth most valuable company globally.

“That’s what SpaceX is all about — it’s to take the fiction out of science fiction and create an exciting, inspiring future for everyone,” Musk declared after ringing the ceremonial stock market bell at Starbase.

He further proclaimed, “SpaceX wants to be able to take you to the moon, take you to Mars and ultimately beyond.”

SpaceX shares skyrocketed nearly 20% on Monday during its first full day of trading.

The aerospace giant, founded in 2002 by Musk, designs rockets, spacecraft, and satellite internet systems with a long-term vision of enabling human life on other planets.

Musk remains the richest person in the world, with Google co-founders Larry Page and Sergey Brin in second and third place. Amazon founder Jeff Bezos ranks fourth, while Meta CEO Mark Zuckerberg rounds out the top five.

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