SpaceX IPO Price Would Put Musk Just Shy of Trillionaire Status

The world might have to wait a little longer for its first trillionaire.

Based on reports that SpaceX is planning to offer shares in an upcoming IPO at $135 each, that would put Elon Musk’s net worth at $988 billion, according to calculations by the Bloomberg Billionaires Index.

That’s $12 billion — or about one Steven Spielberg — short of trillionaire status.

A pop in SpaceX’s share price could still make Musk a trillionaire when the rocket company’s stock begins trading, which is expected June 12. A price of $138 a share — just a 2.2% climb — ...