Elon Musk just became the world's first trillionaire.With SpaceX opening on the Nasdaq at $150 a share Friday, the CEO of SpaceX and Tesla now has a stake in SpaceX that's worth more than $766 billion. Combined with his Tesla stake, which is worth $280 billion, Musk's net worth from...
Category: Wealth
SpaceX employee group creates low-fee wealth management option with Choreo for post-IPO
SpaceX signage outside the Space Exploration Technologies Corp. facility in Hawthorne, California, on June 3, 2026. Michael Yanow | Nurphoto | Getty ImagesA group of current and former SpaceX employees who joined forces to manage their post-IPO wealth has created a new, low-fee advisory option with Choreo, according to people...
Audemars Piguet’s watch prices remain stable after controversial Swatch collab
The Royal Pop watches from Audemars Piguet and Swatch. Courtesy: SwatchWhen the famed luxury watch brand Audemars Piguet announced a collaboration with Swatch last month, some Audemars collectors feared the worst.Rapper DDG said he would sell his $180,000 Audemars Piguet if the collaboration grew too big and cheapened the brand....
Soaring stocks created 2 million new millionaires around the world last year
Aerial view of yachts moored in the Port Vell marina of Barcelona, SpainBusà Photography | Moment | Getty ImagesA version of this article first appeared in CNBC's Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox.Soaring...
The wealthiest investors are pulling money out of the U.S. in the ‘de-dollarization’ trade
Maskot Bildbyrå | Digitalvision | Getty ImagesFamily offices are planning the biggest changes to their portfolios in years, with many moving money out of the U.S., according to a new survey.Fully 60% of family offices plan to make strategic changes to their investment allocation in the next year – about...