Elon Musk is officially the world’s first trillionaire. Friday, Musk’s exploration and satellite company SpaceX made their NASDAQ debut and just after shares began trading, its stock topped $160 dollars per share; pushing the company’s value above $2 trillion dollars. Musk’s newfound "trillionaire" status offers a stark contrast to the economic pain that many Americans are feeling. Government statistics released this week showed the annual inflation rate hit 4.2 percent in May, the highest in 3 years. And the latest Economist/ YouGov poll shows 57% of Americans say the economy is getting worse. Economist and host of “Platypus Economics,” Justin Wolfers, joins The Weekend to discuss.
MS NOW: My Source for News, Opinion, and the World.
» Subscribe to MS NOW: https://www.youtube.com/@msnow
» Subscribe to MS NOW’s We the People Newsletter for exclusive content from your favorite MS NOW anchors. Sign up now for free at https://ms.now/joinus
MS NOW is the go-to destination for domestic and international breaking news, and best-in-class opinion journalism. For more context and news coverage of the most important stories of our day click here: https://www.ms.now/
#ElonMusk #SpaceX #Business
