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From rockets to brain implants, here's a look at Elon Musk's vast empire

  • On Friday, SpaceX debuted on Wall Street with the largest initial public offering in history, closing at just below $161 per share for a $2.1 trillion market value.
  • Musk consolidated various ventures under one roof earlier this year, maintaining his CEO role across multiple corporations while expanding his business empire.
  • Tesla currently holds a market cap around $1.5 trillion, with Musk emphasizing the company's future in self-driving taxis and robotics over traditional car sales.
  • The Boring Company operates the "Vegas Loop" near the Las Vegas Convention Center but faces criticism from local officials in Nashville regarding safety and environmental requirements.
  • Neuralink continues clinical trials for brain-computer interfaces, while SpaceX pursues lofty goals ranging from data centers in space to colonizing Mars using unproven technology.
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abc News broke the news in United States on Friday, June 12, 2026.
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