Economy

Elon Musk becomes first dollar trillionaire; US leads global oil exports, ECB raises rates

Nexus Europa Newsroom
Posted Jun 12, 2026, 08:00 AM UTC · In the digest of 2026-06-12-0800
Elon Musk becomes first dollar trillionaire; US leads global oil exports, ECB raises rates

Elon Musk has officially become the world's first dollar trillionaire following SpaceX's $75 billion IPO. The US now leads global oil exports, while the ECB raised interest rates due to an energy shock.

Elon Musk has officially become the world's first dollar trillionaire, with his net worth exceeding $1.1 trillion. This milestone follows the successful initial public offering (IPO) of his aerospace company, SpaceX, which reportedly raised $75 billion. In related economic news, the United States has now become the world's leading oil exporter, surpassing traditional market leaders Saudi Arabia and Russia, marking a significant shift in global energy dynamics. Meanwhile, the European Central Bank recently increased its key interest rate by 0.25 percentage points to 2.25%. This move, the first since September 2023, was made in response to an ongoing energy shock.

Sources: Forbes Ukraine, Українська правда, Громадське

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