SpaceX IPO raises valuation to $2T, making Elon Musk the world’s first trillionaire

SpaceX's Nasdaq debut has raised its valuation to $2T, making Elon Musk the world's first trillionaire. This milestone highlights the influence of private space ventures on global markets. In response, prominent Democrats, including Elizabeth Warren and Bernie Sanders, expressed outrage. Senator Warren is calling for a wealth tax, while Sanders is pushing to lift the Social Security payroll tax cap to address the risks associated with extreme wealth concentration following the successful IPO.