Elon Musk is the world’s first trillionaire

Elon Musk has reportedly become the world’s first trillionaire after SpaceX’s IPO pushed his net worth past $1 trillion. The milestone reflects the value of his 4.8 billion SpaceX shares, plus holdings tied to Tesla and other ventures.

The IPO underscores how founder control of high-growth private companies can translate into extraordinary paper wealth once public markets assign a price. It also highlights the growing investor appetite for space, AI, and platform companies bundled into expansive long-term missions.

Elon Musk's net worth has passed the trillion-dollar mark after SpaceX's IPO. His net worth, which was hovering around $800 billion before the IPO, includes the value of his 4.8 billion shares in SpaceX, along with his wealth from his other companies, like Tesla. Shares of SPCX opened at $150 and have remained well above the $138 benchmark that gives Musk a 13-figure net worth. SpaceX combined Musk's rocket, AI, and social media platforms earlier this year, and said in its S-1 that its goal is to "build the systems and technologies necessary to make life multiplanetary, to understand the true nature of the universe, and to extend the light … Read the full story at The Verge.