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Anabelle Colaco13 Jun 2026, 00:52 GMT+10
Anabelle Colaco13 Jun 2026, 00:52 GMT+10
NEW YORK CITY, New York: Elon Musk has become the world's first trillionaire after SpaceX completed a record-breaking US$75 billion initial public offering, cementing his position as the richest person on the planet and underscoring investor confidence in his business empire.
The landmark IPO, the largest in history, values SpaceX at roughly $1.75 trillion. According to Reuters' calculations based on company filings, Musk's holdings in SpaceX, Tesla, and his other ventures now give him a net worth exceeding $1.1 trillion, as of when SpaceX began trading on June 12.
Before the offering, Forbes estimated Musk's fortune at about $780 billion, already far ahead of other billionaires.
"The second richest person has been hovering around $300 billion, so about less than one-third of what Musk can potentially be worth tomorrow," said Matt Durot, deputy editor at Forbes Wealth. "And only one other person, (Oracle founder) Larry Ellison, has ever been worth $400 billion."
Most of Musk's wealth is tied to SpaceX, where he holds a stake worth roughly $866 billion. The calculation also includes stock components that would vest over time.
Musk first…
Anabelle Colaco13 Jun 2026, 00:52 GMT+10
Anabelle Colaco13 Jun 2026, 00:52 GMT+10
NEW YORK CITY, New York: Elon Musk has become the world's first trillionaire after SpaceX completed a record-breaking US$75 billion initial public offering, cementing his position as the richest person on the planet and underscoring investor confidence in his business empire.
The landmark IPO, the largest in history, values SpaceX at roughly $1.75 trillion. According to Reuters' calculations based on company filings, Musk's holdings in SpaceX, Tesla, and his other ventures now give him a net worth exceeding $1.1 trillion, as of when SpaceX began trading on June 12.
Before the offering, Forbes estimated Musk's fortune at about $780 billion, already far ahead of other billionaires.
"The second richest person has been hovering around $300 billion, so about less than one-third of what Musk can potentially be worth tomorrow," said Matt Durot, deputy editor at Forbes Wealth. "And only one other person, (Oracle founder) Larry Ellison, has ever been worth $400 billion."
Most of Musk's wealth is tied to SpaceX, where he holds a stake worth roughly $866 billion. The calculation also includes stock components that would vest over time.
Musk first…
SpaceX IPO makes Elon Musk the first-ever trillionaire
SpaceX IPO makes Elon Musk the first-ever trillionaire
Musk, the wealthiest person alive, is set to get even richer.
Elon Musk, the wealthiest person alive, became the first-ever trillionaire when SpaceX stock began trading on Friday.
The company's founder and CEO owns roughly four out of every 10 SpaceX shares after theinitial public offering(IPO). SpaceX hit markets at a valuation of nearly $2 trillion, allowing Musk to accrue hundreds of millions of dollars in new wealth, at least on paper. It marked the largest IPO of all time.
Prior to the stock listing, Musk boasted a net worth of about $780 billion, according to Forbes. The second-wealthiest person in the world, Google founder Larry Page, counts a net worth of $291 billion.
SpaceX builds and operates spacecraft, including thousands of satellites deployed in support of its Starlink satellite internet service. Earlier this year, the Texas-based firmmergedwith xAI, a Musk-led artificial intelligence company that offers the chatbot Grok.
Musk's net worth exceeds the wealth of the poorest 46% of the global population, or about 3.8 billion people, according to a report issued by nonprofitOxfamon Thursday.
The benchmark indi…
Right wing radical whack job Elon Musk today tragically became the first trillionaire.
Elon Musk is a trillionaire on paper because he owns a company that gets almost all its profits from government contracts. The government will have to tax you into bankruptcy to make him a trillionair...
Elon Musk is a trillionaire on paper because he owns a company that gets almost all its profits from government contracts. The government will have to tax you into bankruptcy to make him a trillionaire in reality.
Anabelle Colaco13 Jun 2026, 00:52 GMT+10
Anabelle Colaco13 Jun 2026, 00:52 GMT+10
NEW YORK CITY, New York: Elon Musk has become the world's first trillionaire after SpaceX completed a record-breaking US$75 billion initial public offering, cementing his position as the richest person on the planet and underscoring investor confidence in his business empire.
The landmark IPO, the largest in history, values SpaceX at roughly $1.75 trillion. According to Reuters' calculations based on company filings, Musk's holdings in SpaceX, Tesla, and his other ventures now give him a net worth exceeding $1.1 trillion, as of when SpaceX began trading on June 12.
Before the offering, Forbes estimated Musk's fortune at about $780 billion, already far ahead of other billionaires.
"The second richest person has been hovering around $300 billion, so about less than one-third of what Musk can potentially be worth tomorrow," said Matt Durot, deputy editor at Forbes Wealth. "And only one other person, (Oracle founder) Larry Ellison, has ever been worth $400 billion."
Most of Musk's wealth is tied to SpaceX, where he holds a stake worth roughly $866 billion. The calculation also includes stock components that would vest over time.
Musk first…
FILE – This April 13, 2019, photo, shows rows of homes, in suburban Salt Lake City. (AP Photo/Rick Bowmer, File)
FILE – This April 13, 2019, photo, shows rows of homes, in suburban Salt Lake City. (AP Photo/Rick Bowmer, File)
By
Associated Press
PUBLISHED:
June 12, 2026 at 10:59 AM EDT
| UPDATED:
June 12, 2026 at 11:11 AM EDT
Getting your
Trinity Audio
player ready...
By WYATTE GRANTHAM-PHILIPS, AP Business Writer
NEW YORK (AP) — Catapulted by the
market debut
of his rocket company SpaceX,
Elon Musk
could become the world’s first trillionaire by the end of the day.
That level of wealth, all owned by just one person, was once unfathomable. Before Friday, the trillion dollar mark was reserved for measures like the GDP (or
staggering debt
) of a handful of major economies — and,
in the last decade
alone, the value of some of the biggest companies to ever trade on the stock market.
Musk’s new title arrives amid a wider acceleration for the richest of the rich. Year after year, his former (although now very distant) billionaires club has reaped
a growing number
of members — from tech titans to celebrities. All the while, more and more people worldwide are
struggling to pay
their everyday bills. Many have decried the arrival of the first trillionaire as the latest and most alarming example of that …
Elon Musk could become the first trillionaire on the back of a SpaceX IPO
Elon Musk could become the first trillionaire on the back of a SpaceX IPO
Elon Musk is expected to become the world's first trillionaire as SpaceX launches its historic IPO and attracts strong investor interest
Elon Musk loses trillionaire status as tech rout hammers Tesla, SpaceX ...
Elon Musk loses trillionaire status as tech rout hammers Tesla, SpaceX ...
close
video
Elon Musk's inspiring speech ahead of SpaceX IPO
Elon Musk delivers an inspiring speech at the SpaceX IPO event, sharing his initial doubts about the company's success but emphasizing the importance of making life multi-planetary and creating an exciting future for everyone.
Elon Musk
is no longer worth more than $1 trillion, less than two weeks after becoming the first person to reach the milestone.
Musk’s net worth was valued at $946 billion as of Wednesday, according to the
Bloomberg Billionaires Index
. That is down from about $1.11 trillion less than 14 days earlier.
The drop came after shares of SpaceX and Tesla fell during a broader tech sell-off. Investors have become more cautious about the long-term profitability of artificial intelligence.
Musk remains the world’s richest person by a wide margin. As of Wednesday, Larry Page ranked second at $296 billion, followed by Sergey Brin at $275 billion,
Jeff Bezos
at $257 billion and Michael Dell at $223 billion, according to the Bloomberg Billionaires Index.
SPACEX MAKES HISTORIC DEBUT; MUSK SOLIDIFIES STATUS AS WORLD’S FIRST TRILLIONAIRE
Mus…
Breaking News: Business
Elon Musk to become world’s richest man after the open IPO of SpaceX.
Now he has enough 30 pieces of silver for generations to come.
2,751 likes, 106 comments - bbcnews on June 13, 2026: "Elon Musk became the world's first trillionaire on Friday, following the record-breaking stock market debut of his company SpaceX.
With a curren...
2,751 likes, 106 comments - bbcnews on June 13, 2026: "Elon Musk became the world's first trillionaire on Friday, following the record-breaking stock market debut of his company SpaceX.
With a current estimated net worth of about $1.11tn (£830 bn), according to Bloomberg, Musk
1/3
Elon Musk poised to make history as world’s first trillionaire
Elon Musk poised to make history as world’s first trillionaire
SpaceX's record-breaking IPO catapults Musk to unprecedented wealth amid rising angst over global inequality.
Soon-to-be trillionaire Elon Musk's wealth grew by over $1 million per minute in the last year | Oxfam International
Soon-to-be trillionaire Elon Musk's wealth grew by over $1 million per minute in the last year | Oxfam International
Published: 11th June 2026
Oxfam warns Musk's imminent ‘government-backed trillionaire’ status marks "a dark day for democracy."
As Elon Musk’s personal fortune is expected to surpass $1 trillion with tomorrow’s SpaceX IPO, making him the world’s first trillionaire, a new Oxfam analysis reveals Musk would be richer than the poorest 46% of the world population, or 3.8 billion people, combined. Hitting $1 trillion would mean Musk’s wealth grew by over $550 billion over the past year, equivalent to an average rate of over $1 million per minute. According to Oxfam, such extreme concentrated wealth is symptomatic of decades of pro-billionaire politics that have allowed the ultra-rich to write economic rules in their favor.
“Elon Musk’s rise to trillionaire status marks a new pinnacle of oligarchy and a dark day for democracy. But this moment of dramatically concentrated wealth was not inevitable. Musk will be a government-backed trillionaire whose fortune was fueled by an era of regressive public policy choices — decisions rigged by a tiny few to fuel their fortunes, and …
SpaceX IPO makes Musk world’s first trillionaire; he promises ‘we are taking you to Moon’
SpaceX IPO makes Musk world’s first trillionaire; he promises ‘we are taking you to Moon’
SpaceX's public debut has propelled its valuation over $2 trillion, making Elon Musk the world's first trillionaire. Musk declared the IPO a launchpad for a grander vision: making space travel accessible to everyone, not just astronauts. He aims to build the commercial infrastructure for sci-fi futures, promising to take ordinary citizens to the Moon, Mars, and beyond.
SpaceX IPO debuts in US markets, Musk becomes world’s first trillionaire
SpaceX IPO debuts in US markets, Musk becomes world’s first trillionaire
The landmark listing cemented Musk's status as the first trillionaire and propelled SpaceX into ranks of most valuable.
Elon Musk becomes world's first trillionaire: Just how big is a trillion?
Elon Musk becomes world's first trillionaire: Just how big is a trillion?
<p>Elon Musk is the world's first trillionaire. Just how big is a trillion? It’s a number so massive, it’s hard to comprehend.</p>
Forbes Declares Elon Musk As The World’s First Trillionaire
Forbes Declares Elon Musk As The World’s First Trillionaire
Business
Forbes Declares Elon Musk As The World’s First Trillionaire
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Forbes Press Releases
,
Forbes Staff.
for
Forbes Corporate Communications Team
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Jun 12, 2026, 12:02pm EDT
Jun 12, 2026, 12:05pm EDT
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SpaceX began trading on the Nasdaq Friday, boosting Musk’s fortune to an estimated $1.1 trillion
Forbes Declares Elon Musk as the World’s First Trillionaire
Elon Musk by Patrick Pleul, AFP, Getty Images
NEW YORK – June 12, 2026 –
On Friday, Forbes
declared
Elon Musk as the world’s first trillionaire
, as SpaceX’s stock began trading on the Nasdaq at $150 per share, giving the company a nearly $2 trillion market cap. Forbes estimates that the IPO has boosted Musk’s fortune to $1.1 trillion, as of Friday morning.
His net worth rose by $188 billion to an estimated $982 billion
on Thursday evening, when SpaceX priced the IPO at $135 per share.
Looking at Musk’s wealth portfolio, the SpaceX chairman, CEO and chief technical officer,
owns 4.8 billion shares of SpaceX
, worth
$715 billion
, and…
Honestly, Elon Musk becoming the first trillionaire, considering the CRIMES he’s committed against Humanity, is the greatest and most perfect indictment of what project late-stage capitalism has for u...
Honestly, Elon Musk becoming the first trillionaire, considering the CRIMES he’s committed against Humanity, is the greatest and most perfect indictment of what project late-stage capitalism has for us all.
Elon Musk: 1000s of SpaceX Employees Are Likely Millionaires After …
Elon Musk: 1000s of SpaceX Employees Are Likely Millionaires After …
Elon Musksays SpaceX's blockbuster valuation has likely turned thousands of his employees into millionaires.
During a Wednesday interview on "The Sean Hannity Show," Musk was asked about a former SpaceX welder who was granted stock that soared to over $1 million in value after the companywent publicin June with a roughly $2 trillion market capitalization.
"It's not just one welder, it's several thousand people who were working on the production line, and if they started at the company relatively early, then probably their stock isworth over a million dollarsat this point," Musk told stand-in host Texas Gov. Greg Abbott over the phone.
The Tesla and SpaceX CEO, whose personal wealthbriefly crossed $1 trillionfollowing SpaceX's IPO, said: "I've always had the philosophy that everyone at the company should receive stock in the company, so that they can participate in the upside of the company."
"It's great for aligning incentives as well, so as the company prospers, then the people at the company, the employees, also prosper," he added.
SpaceX didn't immediately respond to a request for comment.
Ahead of Space…
Elon Musk becomes the world's first trillionaire with SpaceX success ...
Elon Musk becomes the world's first trillionaire with SpaceX success ...
Elon Musk has shattered global financial history as the world’s first trillionaire. Driven by the monumental public market debut of SpaceX, the tech mogul has officially crossed into unprecedented 13-figure wealth. (AP Video: Marissa Duhaney)
Elon Musk uses his phone during a state dinner for President Donald Trump and Chinese President Xi Jinping at the Great Hall of the People on Thursday May 14, 2026, in Beijing. (AP Photo/Mark Schiefelbein, File)
This April 13, 2019, photo, shows rows of homes, in suburban Salt Lake City. (AP Photo/Rick Bowmer, File)
This Jan. 22, 2020, file photo shows the likeness of Benjamin Franklin on $100 bills in Dallas. (AP Photo/LM Otero, File)
SpaceX’s Starship rocket lifts off during a test flight from Starbase, Texas, Friday, May 22, 2026. (AP Photo/Eric Gay, File)
The handle stands at the ready on a pump with the three grades of gasoline available at a pump at Shell station Wednesday, June 10, 2026, in Englewood, Colo. (AP Photo/David Zalubowski)
NEW YORK (AP) — Catapulted by themarket debutof his rocket company SpaceX,Elon Muskis now the world’s first trillionaire.
Th…
Elon Musk is the world’s first trillionaire
Elon Musk is the world’s first trillionaire
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 […]
Elon Musk is the world's first trillionaire. Here's what that looks like
Elon Musk is the world's first trillionaire. Here's what that looks like
Elon Musk has become the world's first trillionaire. It is hard to fathom a figure so staggering, but let's give it a shot.
BREAKING: Elon is the first world Trillionaire
Elon Musk on track to become world’s first trillionaire today as SpaceX lists on US stock market. Rolling coverage of SpaceX’s record-breaking initial public offering, after Elon Musk’s company is val...
Elon Musk on track to become world’s first trillionaire today as SpaceX lists on US stock market. Rolling coverage of SpaceX’s record-breaking initial public offering, after Elon Musk’s company is valued at $1.77tn in share offering.
www.theguardian.com/business/liv...
Over 200 trips to the moon and more : What Elon Musk's trillion could mean:
Over 200 trips to the moon and more : What Elon Musk's trillion could mean:
Elon Musk's potential trillion-dollar fortune is a monumental sum, dwarfing national economies and astronomical distances. This unprecedented wealth, if realized, would be enough to buy millions of homes or fuel the entire US for over a year, highlighting a growing concern over global wealth inequality.
Elon Musk is the world's first trillionaire. Here is what he can still not afford
Anabelle Colaco13 Jun 2026, 00:52 GMT+10
Anabelle Colaco13 Jun 2026, 00:52 GMT+10
NEW YORK CITY, New York: Elon Musk has become the world's first trillionaire after SpaceX completed a record-breaking US$75 billion initial public offering, cementing his position as the richest person on the planet and underscoring investor confidence in his business empire.
The landmark IPO, the largest in history, values SpaceX at roughly $1.75 trillion. According to Reuters' calculations based on company filings, Musk's holdings in SpaceX, Tesla, and his other ventures now give him a net worth exceeding $1.1 trillion, as of when SpaceX began trading on June 12.
Before the offering, Forbes estimated Musk's fortune at about $780 billion, already far ahead of other billionaires.
"The second richest person has been hovering around $300 billion, so about less than one-third of what Musk can potentially be worth tomorrow," said Matt Durot, deputy editor at Forbes Wealth. "And only one other person, (Oracle founder) Larry Ellison, has ever been worth $400 billion."
Most of Musk's wealth is tied to SpaceX, where he holds a stake worth roughly $866 billion. The calculation also includes stock components that would vest over time.
Musk first…
BREAKING — IT'S OFFICIAL: Elon Musk becomes the world's first TRILLIONAIRE as SpaceX goes public
This is absolutely MONUMENTAL.
Congratulations @ElonMusk!
🚀 To the moon🌛and back
$SPCX is set to sta...
BREAKING — IT'S OFFICIAL: Elon Musk becomes the world's first TRILLIONAIRE as SpaceX goes public
This is absolutely MONUMENTAL.
Congratulations @ElonMusk!
🚀 To the moon🌛and back
$SPCX is set to start trading at $135 per share imminently, valuing the company around $1.8 TRILLION.
BREAKING: Elon Musk has become the first trillionaire in human history.
If your net worth was $1, you are closer to the 2nd richest person on Earth (worth $296.7B), than he is to Elon.
Read that aga...
BREAKING: Elon Musk has become the first trillionaire in human history.
If your net worth was $1, you are closer to the 2nd richest person on Earth (worth $296.7B), than he is to Elon.
Read that again.
Elon Musk becomes the world’s first trillionaire: He lives in a 400 square feet home, and his mom reveals, ‘There is no food in the fridge’
https://www.europesays.com/people/113005/
Elon Musk has of...
Elon Musk becomes the world’s first trillionaire: He lives in a 400 square feet home, and his mom reveals, ‘There is no food in the fridge’
https://www.europesays.com/people/113005/
Elon Musk has officially become the world’s first trillionaire following SpaceX’s record-breaking IPO, with his …
Why Elon Musk is no longer a trillionaire despite remaining the world’s richest person
SpaceX stock soars in debut and makes Elon Musk the first trillionaire
SpaceX stock soars in debut and makes Elon Musk the first trillionaire
NEW YORK (AP) -- Elon Musk became the world's first trillionaire after shares of his rocket company SpaceX soared in Wall Street's biggest initial pub
Elon Musk becomes world's first trillionaire as SpaceX soars in stock market debut
Elon Musk becomes world's first trillionaire as SpaceX soars in stock market debut
Musk's AI and reusable rocket company listed on the Nasdaq stock exchange with a value of $2.2tn.
BREAKING: Elon Musk has become the world's first trillionaire
See how SpaceX IPO increased Elon Musk's net worth to a trillionaire
See how SpaceX IPO increased Elon Musk's net worth to a trillionaire
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SpaceX IPO made Elon Musk a trillionaire. How wealthy is he?
Alberto Cuadra
George Petras
USA TODAY
June 10, 2026
Updated June 12, 2026, 10:51 a.m. ET
Hear this story
Elon Musk
, already the richest man on the planet, is now the world’s first trillionaire – wealthy enough to spend $1 million a day for 2,700 years – thanks to the
IPO for his company SpaceX
.
SpaceX’s much-anticipated
initial public offering
– when a private company goes public by selling its stock to the public for the first time – raised $75 billion, giving the company a value of about
$1.77 trillion
.
Instead of offering a range of share prices, as most IPOs do, SpaceX set a fixed price of
$135 a share
. That meant investors had to take it or leave it. They took it, buying 555.6 million shares. The company began trading on the Nasdaq June 12, using the ticker symbol SPCX.
But the increase in Musk’s net worth has also drawn attention, rising from about $793 billion to $1 trillion, a jump of 26%. His net worth could change further, depending on SPCX stock price.
How much more is Elon Musk worth?
Can't see our graphics?…
Musk becomes world's first trillionaire, Zohran Mamdani sees reason to tax the rich
Musk becomes world's first trillionaire, Zohran Mamdani sees reason to tax the rich
Elon Musk has become the world's first trillionaire following SpaceX's successful IPO, with shares surging. New York City Mayor Zohran Mamdani seized the moment to advocate for taxing the wealthy, proposing a new tax on luxury second homes. This move targets billionaires and aims to generate revenue, though critics express concerns about investment impact.
BREAKING!!!! Elon Musk becomes world’s first Trillionaire as SpaceX makes historic stock market debut.🥶🇺🇸🥶😶🌫️🥶🇺🇸🥶🇺🇸🥶😶🌫️🇺🇸🥶😶🌫️🥶🇺🇸🥶
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Unattributed party fought POLITICIAN in Belfast, Belfast, United Kingdom
Elon Musk becomes world’s first trillionaire after SpaceX mega float
By PA News Agency
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The blockbuster float of Elon Musk’s SpaceX company has made him the world’s first ever paper trillionaire (Alamy/PA)
This article is brought to you by our exclusive subscriber partnership with our sister title USA Today,
and has been written by our American colleagues.
It does not necessarily reflect the view of The Herald.
Elon Musk is never far from the headlines and now the Tesla and X owner is making history once again after the blockbuster float of his SpaceX company has made him the world’s first ever paper trillionaire.
The 54-year-old’s net worth was estimated at 982.6 billion US dollars (£733 billion) before the float, according to Forbes, which has swelled to more than one trillion dollars after the record-breaking initial public offering (IPO).
His fortune has been boosted by the sky-high valuation of his rocket and artificial intelligence (AI) firm SpaceX, in which he has a 38% stake in total, worth 688 billion dollars (£514 billion) at the initial IPO price, even before shares rocketed on opening.
This adds to his shares in Tesla, social media platf…
PENNSYLVANIA consulted AFRICA in Pretoria, Gauteng, South Africa
Anabelle Colaco13 Jun 2026, 00:52 GMT+10
NEW YORK CITY, New York: Elon Musk has become the world's first trillionaire after SpaceX completed a record-breaking US$75 billion initial public offering, cementing his position as the richest person on the planet and underscoring investor confidence in his business empire.
The landmark IPO, the largest in history, values SpaceX at roughly $1.75 trillion. According to Reuters' calculations based on company filings, Musk's holdings in SpaceX, Tesla, and his other ventures now give him a net worth exceeding $1.1 trillion, as of when SpaceX began trading on June 12.
Before the offering, Forbes estimated Musk's fortune at about $780 billion, already far ahead of other billionaires.
"The second richest person has been hovering around $300 billion, so about less than one-third of what Musk can potentially be worth tomorrow," said Matt Durot, deputy editor at Forbes Wealth. "And only one other person, (Oracle founder) Larry Ellison, has ever been worth $400 billion."
Most of Musk's wealth is tied to SpaceX, where he holds a stake worth roughly $866 billion. The calculation also includes stock components that would vest over time.
Musk first…
Elon Musk just became the world's first trillionaire off SpaceX's record IPO. Days earlier, his newly-absorbed xAI/Grok was hit with lawsuits for generating CSAM involving real kids. A trillion dollar...
Elon Musk just became the world's first trillionaire off SpaceX's record IPO. Days earlier, his newly-absorbed xAI/Grok was hit with lawsuits for generating CSAM involving real kids. A trillion dollars, zero accountability. #Oligarchy #GrokScandal #TaxTheRich"
BREAKING: Elon Musk has become the first trillionaire
SpaceX Surges 5.6% in Premarket After Historic Debut
[Baha]
https://www.breakingthenews.net/.../SpaceX-jumps.../66504563
Elon Musk’s $1 Trillion Fortune: Jeff Bezos Now Closer to the Average American
...
SpaceX Surges 5.6% in Premarket After Historic Debut
[Baha]
https://www.breakingthenews.net/.../SpaceX-jumps.../66504563
Elon Musk’s $1 Trillion Fortune: Jeff Bezos Now Closer to the Average American
[Moneywise/Yahoo Finance]
https://finance.yahoo.com/.../elon-musks-1-trillion...
BREAKING NEWS: Elon Musk has become the world's first trillionaire.
In related news, Elon still has a 2-inch penis.
Elon Musk has officially crossed the $1 trillion mark, becoming the world's first trillionaire after SpaceX's record-breaking $75 billion IPO. A historic moment for tech, space exploration, and innova...
Elon Musk has officially crossed the $1 trillion mark, becoming the world's first trillionaire after SpaceX's record-breaking $75 billion IPO. A historic moment for tech, space exploration, and innovation. #ElonMusk #SpaceX #trillionaire
Elon Musk is a trillionaire on paper because he owns a company that gets almost all its profits from government contracts. The government will have to tax you into bankruptcy to make him a trillionair...
Elon Musk is a trillionaire on paper because he owns a company that gets almost all its profits from government contracts. The government will have to tax you into bankruptcy to make him a trillionaire in reality.
BREAKING: Elon Musk just made history as the first person in Jeffrey Epstein's "do-not-invite list" to become a trillionaire.
One of world’s richest persons & Louis Vuitton CEO on Elon Musk becoming trillionaire
One of world’s richest persons & Louis Vuitton CEO on Elon Musk becoming trillionaire
Elon Musk has become the world's first trillionaire following SpaceX's historic public listing, with the company's valuation exceeding $2 trillion. Bernard Arnault, CEO of LVMH, acknowledged Musk's dominance in the rocket industry but clarified that the wealth represents company value, not liquid assets. Musk emphasized SpaceX's ambition to make humanity multi-planetary and space travel accessible to all.
From Billionaire to Trillionaire? Elon Musk’s historic Tesla pay deal sparks global debate on wealth power
https://www.europesays.com/3110513/
Elon Musk’s record-breaking $1 trillion Tesla compensat...
From Billionaire to Trillionaire? Elon Musk’s historic Tesla pay deal sparks global debate on wealth power
https://www.europesays.com/3110513/
Elon Musk’s record-breaking $1 trillion Tesla compensation package could make him the world’s first trillionaire, surpassing the GDP…
How much money did Elon Musk make in SpaceX’s stock market debut?
How much money did Elon Musk make in SpaceX’s stock market debut?
<p>He’s now the world’s first trillionaire, after his rocket and AI company broke IPO records on its way to a $2.1tn valuation</p><p><a href="https://www.theguardian.com/technology/elon-musk">Elon Musk</a> is now the world’s first trillionaire. SpaceX’s historic debut on the stock market on Friday launched the CEO to unprecedented levels of wealth; his personal fortune now amounts to $1.1tn, an increase of more than $62 bn since the previous day, <a href="https://www.forbes.com/real-time-billionaires/">according to Forbes</a>.</p><p>The rocket, satellite and AI company raised $75bn from its record-breaking initial public offering (IPO), and is now valued at $2.1tn after its first day of public trading.</p> <a href="https://www.theguardian.com/technology/2026/jun/12/elon-musk-spacex-net-worth">Continue reading...</a>
Musk becomes world's first trillionaire as SpaceX shares soar
Musk becomes world's first trillionaire as SpaceX shares soar
Shares in Elon Musk's SpaceX closed almost 20 percent higher on their trading debut Friday after the biggest IPO in history, making the polarizing entrepreneur the world's first trillionaire as he vowed to take humanity to Mars.
The value of SpaceX rockets on its stock-market debut
The value of SpaceX rockets on its stock-market debut
Elon Musk has become the world’s first trillionaire
Elon Musk becomes the world's first trillionaire - Nine
Elon Musk becomes the world's first trillionaire - Nine
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Elon Musk
has officially become the
world’s first trillionaire
as SpaceX shares went on sale overnight.
The space company shot into the top 10 of the world’s most valuable companies, ending the day valued at nearly $3 trillion.
Elon Musk is the richest man in the world by far.
AP
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Owning nearly half of the company’s stock (as well as a lot of other things), Musk broke through the previously untouched barrier of $US1 trillion (about $1.4 trillion).
SpaceX shares
were valued at $192 ahead of the initial public offering (IPO).
“It is certainly hard to believe that a little company that started in a warehouse in El Segundo is now going public with the largest IPO ever,” Musk said earlier today.
Though at the time SpaceX was founded, Musk was already worth hundreds of millions of dollars.
But as the day’s trading went on on the Nasdaq index, their value rose to $227.
Read more
Elon Musk is the world's first trillionaire, but is he the richest person in history?
But the enthusiasm from the market doesn’t extend to all experts. Analysts at Morningstar said pre-IPO that
SpaceX is worth about half of …
Anabelle Colaco13 Jun 2026, 00:52 GMT+10
Anabelle Colaco13 Jun 2026, 00:52 GMT+10
NEW YORK CITY, New York: Elon Musk has become the world's first trillionaire after SpaceX completed a record-breaking US$75 billion initial public offering, cementing his position as the richest person on the planet and underscoring investor confidence in his business empire.
The landmark IPO, the largest in history, values SpaceX at roughly $1.75 trillion. According to Reuters' calculations based on company filings, Musk's holdings in SpaceX, Tesla, and his other ventures now give him a net worth exceeding $1.1 trillion, as of when SpaceX began trading on June 12.
Before the offering, Forbes estimated Musk's fortune at about $780 billion, already far ahead of other billionaires.
"The second richest person has been hovering around $300 billion, so about less than one-third of what Musk can potentially be worth tomorrow," said Matt Durot, deputy editor at Forbes Wealth. "And only one other person, (Oracle founder) Larry Ellison, has ever been worth $400 billion."
Most of Musk's wealth is tied to SpaceX, where he holds a stake worth roughly $866 billion. The calculation also includes stock components that would vest over time.
Musk first…
Elon Musk becomes world's first trillionaire after SpaceX IPO
Elon Musk becomes world's first trillionaire after SpaceX IPO
SpaceX floated on the Nasdaq stock exchange on Friday, with shares trading 25% above the opening price at one point. The IPO has made Musk the world's first trillionaire, at least on paper.
Elon Musk becomes world’s first trillionaire after SpaceX IPO
Elon Musk becomes world’s first trillionaire after SpaceX IPO
In a post on the social media platform he owns, Elon Musk recently lamented: “Whoever said ‘money can’t buy happiness’ really knew what they were talking about.”
Now the world’s richest person can put that maxim to an even bigger test as he adds a new title: world’s first trillionaire.
SpaceX shares opened at US$150 each, 11 per cent above their offering price after they began trading in New York on Friday, valuing the rocket and AI-company Musk founded at roughly US$2 trillion.
His fortune now...
Elon Musk set to become world’s first trillionaire in less than 24 hours
Elon Musk set to become world’s first trillionaire in less than 24 hours
Elon Musk is poised to become the world's first trillionaire following SpaceX's record-breaking $75 billion IPO. The offering valued the company at $1.77 trillion, with Musk's stake now worth approximately $866 billion. This milestone significantly surpasses other billionaires, highlighting investor confidence in Musk's ambitious ventures.
Elon Musk could become world’s 1st trillionaire with SpaceX’s IPO
Elon Musk could become world’s 1st trillionaire with SpaceX’s IPO
<p>NEW YORK — Elon Musk may never colonize Mars as promised, but enough investors consider the SpaceX founder to be a sort of miracle man that they’ll help him reach another fantastic goal Friday when he takes the rocket company public.</p>
Random Musing: Why Elon Musk becoming a trillionaire isn't the real headline
Random Musing: Why Elon Musk becoming a trillionaire isn't the real headline
Musk is now so rich that he easily dwarfs almost every single person, real or fictional, historical or present. But that's not the real heading...
Anabelle Colaco13 Jun 2026, 00:52 GMT+10
Anabelle Colaco13 Jun 2026, 00:52 GMT+10
NEW YORK CITY, New York: Elon Musk has become the world's first trillionaire after SpaceX completed a record-breaking US$75 billion initial public offering, cementing his position as the richest person on the planet and underscoring investor confidence in his business empire.
The landmark IPO, the largest in history, values SpaceX at roughly $1.75 trillion. According to Reuters' calculations based on company filings, Musk's holdings in SpaceX, Tesla, and his other ventures now give him a net worth exceeding $1.1 trillion, as of when SpaceX began trading on June 12.
Before the offering, Forbes estimated Musk's fortune at about $780 billion, already far ahead of other billionaires.
"The second richest person has been hovering around $300 billion, so about less than one-third of what Musk can potentially be worth tomorrow," said Matt Durot, deputy editor at Forbes Wealth. "And only one other person, (Oracle founder) Larry Ellison, has ever been worth $400 billion."
Most of Musk's wealth is tied to SpaceX, where he holds a stake worth roughly $866 billion. The calculation also includes stock components that would vest over time.
Musk first…
Breaking: Foreigner becomes first Trillionaire in history off the backs of the American Taxpayers.
Elon Musk
Record SpaceX IPO turns Elon Musk into world's first trillionaire
Record SpaceX IPO turns Elon Musk into world's first trillionaire
Few business leaders have been as deeply embedded in popular culture as Elon Musk, the ambitious entrepreneur who has become a central figure in internet culture and amassed a for...
SpaceX makes Musk world’s 1st trillionaire: Will his net worth sustain?
SpaceX makes Musk world’s 1st trillionaire: Will his net worth sustain?
It’s important to note that a big portion of Musk’s net worth is tied to SpaceX. His holding in the company is worth around $866 billion. According to Reuters calculations, Musk’s net worth adds up to over a trillion dollars after the listing of Space X.
BREAKINGNEWS from space:
Elon Musk Credits His Trillionaire Status and The Status Of 4.4K New Millionaires To Dave Ramseys ‘Envelope System’
babylonbee.com/news/elon-mu...
BREAKING: Elon Musk is now a trillionaire.
Elon Musk becomes world’s first trillionaire after SpaceX’s record $75 billion IPO
BREAKING: Elon Musk has become the world's first trillionaire.
Business:
Forbes Declares Elon Musk As The World’s First Trillionaire.
www.forbes.com/sites/pr/202... #news #elonmusk #SpaceX #tesla #veridexmedia #breakingnews #trillionaire #fyp
UNITED STATES consulted GOVERNANCE in New York, United States
Anabelle Colaco13 Jun 2026, 00:52 GMT+10
NEW YORK CITY, New York: Elon Musk has become the world's first trillionaire after SpaceX completed a record-breaking US$75 billion initial public offering, cementing his position as the richest person on the planet and underscoring investor confidence in his business empire.
The landmark IPO, the largest in history, values SpaceX at roughly $1.75 trillion. According to Reuters' calculations based on company filings, Musk's holdings in SpaceX, Tesla, and his other ventures now give him a net worth exceeding $1.1 trillion, as of when SpaceX began trading on June 12.
Before the offering, Forbes estimated Musk's fortune at about $780 billion, already far ahead of other billionaires.
"The second richest person has been hovering around $300 billion, so about less than one-third of what Musk can potentially be worth tomorrow," said Matt Durot, deputy editor at Forbes Wealth. "And only one other person, (Oracle founder) Larry Ellison, has ever been worth $400 billion."
Most of Musk's wealth is tied to SpaceX, where he holds a stake worth roughly $866 billion. The calculation also includes stock components that would vest over time.
Musk first…
Anabelle Colaco13 Jun 2026, 00:52 GMT+10
Anabelle Colaco13 Jun 2026, 00:52 GMT+10
NEW YORK CITY, New York: Elon Musk has become the world's first trillionaire after SpaceX completed a record-breaking US$75 billion initial public offering, cementing his position as the richest person on the planet and underscoring investor confidence in his business empire.
The landmark IPO, the largest in history, values SpaceX at roughly $1.75 trillion. According to Reuters' calculations based on company filings, Musk's holdings in SpaceX, Tesla, and his other ventures now give him a net worth exceeding $1.1 trillion, as of when SpaceX began trading on June 12.
Before the offering, Forbes estimated Musk's fortune at about $780 billion, already far ahead of other billionaires.
"The second richest person has been hovering around $300 billion, so about less than one-third of what Musk can potentially be worth tomorrow," said Matt Durot, deputy editor at Forbes Wealth. "And only one other person, (Oracle founder) Larry Ellison, has ever been worth $400 billion."
Most of Musk's wealth is tied to SpaceX, where he holds a stake worth roughly $866 billion. The calculation also includes stock components that would vest over time.
Musk first…
Elon Musk is now the world’s first trillionaire – what could he buy with all that money?
Elon Musk is now the world’s first trillionaire – what could he buy with all that money?
Catapulted by the market debut of his rocket company SpaceX, Elon Musk is now the world’s first trillionaire.
That level of wealth, all owned by just one person, was once unfathomable. Before Friday, the trillion dollar mark was reserved for measures like the GDP (or staggering debt) of a handful of major economies – and, in the last decade alone, the value of some of the biggest companies to ever trade on the stock market.
Musk’s new title arrives amid a wider acceleration for the richest of...
Elon Musk has become the world first trillionaire. Swiss voters face a referendum on a 10 million population cap. Ukrainian drones hit Russian petrochemical plants. China warns of extreme flooding in ...
Elon Musk has become the world first trillionaire. Swiss voters face a referendum on a 10 million population cap. Ukrainian drones hit Russian petrochemical plants. China warns of extreme flooding in the Xinjiang desert. DoorDash integrates AI to simplify food ordering.
ALSO BREAKING: Being the world’s first trillionaire will not make Musk happy and will never fill the void.
Rockets to brain implants: The many ventures that made Elon Musk world ...
Rockets to brain implants: The many ventures that made Elon Musk world ...
Elon Musk became theworld's first trillionaireon Friday after shares of his space technology company,SpaceX, jumped 25% on the first day of trading. The surge helped lift the wealth of the company's founder and chief executive beyond the trillion-dollar threshold.
The share price increase valued the company at $2.21 trillion. Musk, who is alsoTesla'schief executive and one of its largest shareholders, now has an estimated net worth of $1.1 trillion, according to Forbes.
From manufacturing electric vehicles to developing technology that links computers and the human brain, Musk's business interests stretch across several industries. His portfolio also includes tunnel construction projects and ownership of the social media platform X.
Many of these ventures have gradually become more closely connected. One of the biggest changes came earlier this year when Musk brought together SpaceX and his artificial intelligence company, xAI, under a single corporate structure.
He continues to serve as chief executive at several companies, while also holding a range of other leadership positions and ownership interest…
BREAKING: Elon Musk officially becomes the world's first trillionaire as SpaceX, $SPCX, stock begins trading.
PENNSYLVANIA consulted AFRICA in Pretoria, Gauteng, South Africa
Anabelle Colaco13 Jun 2026, 00:52 GMT+10
NEW YORK CITY, New York: Elon Musk has become the world's first trillionaire after SpaceX completed a record-breaking US$75 billion initial public offering, cementing his position as the richest person on the planet and underscoring investor confidence in his business empire.
The landmark IPO, the largest in history, values SpaceX at roughly $1.75 trillion. According to Reuters' calculations based on company filings, Musk's holdings in SpaceX, Tesla, and his other ventures now give him a net worth exceeding $1.1 trillion, as of when SpaceX began trading on June 12.
Before the offering, Forbes estimated Musk's fortune at about $780 billion, already far ahead of other billionaires.
"The second richest person has been hovering around $300 billion, so about less than one-third of what Musk can potentially be worth tomorrow," said Matt Durot, deputy editor at Forbes Wealth. "And only one other person, (Oracle founder) Larry Ellison, has ever been worth $400 billion."
Most of Musk's wealth is tied to SpaceX, where he holds a stake worth roughly $866 billion. The calculation also includes stock components that would vest over time.
Musk first…
SpaceX’s massive IPO: all the latest news
SpaceX’s massive IPO: all the latest news
SpaceX’s IPO on Friday allows the public to buy shares of the combined rocket, AI, and social media company for the first time, and is raising enough money to likely make Elon Musk the first trillionaire.  He’ll have more wealth, on paper at least, than the economies of nations like Ireland, Sweden, or his home […]
BREAKING: Elon Musk has become the world's first trillionaire.After SpaceX raised a record $75 billion in its IPO, Musk’s net worth shot up to top $1.1 trillion when the stock began trading Friday, pu...
BREAKING: Elon Musk has become the world's first trillionaire.After SpaceX raised a record $75 billion in its IPO, Musk’s net worth shot up to top $1.1 trillion when the stock began trading Friday, putting him in an economic class of his own.
Elon Musk becomes world's first trillionaire following SpaceX ...
Elon Musk becomes world's first trillionaire following SpaceX ...
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Elon Musks inspiring speech ahead of SpaceX IPO
Elon Musk delivers an inspiring speech at the SpaceX IPO event, sharing his initial doubts about the companys success but emphasizing the importance of making life multi-planetary and creating an exciting future for everyone.
Elon Musk's
SpaceX began trading at $150 a share on Friday, above its listing price of $135 a share, making him the world's first-ever trillionaire following the IPO.
The rocket and satellite company raised a record $75 billion, valuing the company at about $1.8 trillion, pushing the value of Musk's stake in
SpaceX
to an estimated $690 billion. The company is trading on the Nasdaq under the ticker "SPCX" after pricing its IPO on Thursday.
Combined with his holdings in electric vehicle maker Tesla, as well as other investments and assets, Musk's net worth is now estimated at about $1.1 trillion.
SpaceX stock jumped after it began trading, rising to $168.75 a share before paring some of those gains to trade around $158 a share. It subsequently rebounded and reached a new high of $176.52, and closed at $160.95 per share.
OPENAI SIGNALS PO…
Musk, the First Trillionaire, Is "the Worst Possible Case to Learn from"
Musk, the First Trillionaire, Is "the Worst Possible Case to Learn from"
Published on: June 12, 2026 at 9:50 am
ByDaniel Butcher
As of Thursday, 11 June 2026, after rocket, satellite, and AI companySpaceX raised a record $75 billion in its initial public offering, Elon Musk has officially become the world’s first trillionaire. Did he pull himself up by his own bootstraps? Is he a genius? Does he alone deserve the credit for accumulating such wealth?
When Elon Musk crossed the trillion-dollar line, many media outlets interpreted it as a verdict on one man’s genius. But it is better to read it as a verdict on us and how badly we attribute success, according to Academy of Management ScholarChengwei Liuof Imperial College London.
Psychologists call it the “romance of leadership”: When an organization does something extraordinary, we credit the person at the top and discount everything else. “The more extreme the outcome, the stronger the pull,” Liu said. “A trillion dollars is about as extreme as it gets, so the distortion is at its peak.
“Look at what the number rests on,” he said. “Nearly all of it is unrealized equity, not cash, and the bulk now sits in SpaceX, a private compa…
Breaking: Elon Musk set to become world's first trillionaire as SpaceX lists on US stock market
Breaking: Elon Musk set to become world's first trillionaire as SpaceX lists on US stock market
"SpaceX wants to be able to take you to the moon, take you to Mars, and ultimately beyond," Mr Musk said at a launch event in Starbase, Texas.
Elon Musk becomes world’s first trillionaire after SpaceX shares jump on stock market debut – business live
The record-breaking IPO valued Musk’s company at $1.77tn after raising $75bn through a share...
Elon Musk becomes world’s first trillionaire after SpaceX shares jump on stock market debut – business live
The record-breaking IPO valued Musk’s company at $1.77tn after raising $75bn through a share offering
Read in The Guardian: apple.news/AZqOkkiMNRFG...
🤮🤮🤮🤮🤮
Breaking: Elon Musk becomes the world's first trillionaire after SpaceX begins public trading, marking a historic moment for the space and technology sectors.
www.ukbreakingnews24x7.com/world/elon-m...
Breaking: Elon Musk becomes the world's first trillionaire after SpaceX begins public trading, marking a historic moment for the space and technology sectors.
www.ukbreakingnews24x7.com/world/elon-m...
#ElonMusk #SpaceX #Trillionaire #IPO #StockMarket #Technology #BusinessNews #Investing #Finance
Breaking:
Elon Musk becomes first Trillionaire and gives fuck all ever to people in need and pays zero tax.
What a guy.
Oh and the stock didn't jump. It went up the same amount all IPOs do on day...
Breaking:
Elon Musk becomes first Trillionaire and gives fuck all ever to people in need and pays zero tax.
What a guy.
Oh and the stock didn't jump. It went up the same amount all IPOs do on day one then flatlined.
But hey, mainstream gonna mainstream.
www.theguardian.com/business/liv...
🚨 BREAKING: Elon Musk is now the world’s first trillionaire
Anabelle Colaco13 Jun 2026, 00:52 GMT+10
Anabelle Colaco13 Jun 2026, 00:52 GMT+10
NEW YORK CITY, New York: Elon Musk has become the world's first trillionaire after SpaceX completed a record-breaking US$75 billion initial public offering, cementing his position as the richest person on the planet and underscoring investor confidence in his business empire.
The landmark IPO, the largest in history, values SpaceX at roughly $1.75 trillion. According to Reuters' calculations based on company filings, Musk's holdings in SpaceX, Tesla, and his other ventures now give him a net worth exceeding $1.1 trillion, as of when SpaceX began trading on June 12.
Before the offering, Forbes estimated Musk's fortune at about $780 billion, already far ahead of other billionaires.
"The second richest person has been hovering around $300 billion, so about less than one-third of what Musk can potentially be worth tomorrow," said Matt Durot, deputy editor at Forbes Wealth. "And only one other person, (Oracle founder) Larry Ellison, has ever been worth $400 billion."
Most of Musk's wealth is tied to SpaceX, where he holds a stake worth roughly $866 billion. The calculation also includes stock components that would vest over time.
Musk first…
BREAKING: Elon Musk net worth rises to $1.3 trillion as SpaceX share price rises in overnight tradingLink
🔴 BREAKING
ELON MUSK BECOMES FIRST TRILLIONAIRE AFTER SPACEX IPO
https://archange-shadows.com/daily/edition.php?id=breaking
#BreakingNews #News
Is Elon Musk now world’s first ‘trillionaire’? Tesla chief’s net worth witnesses massive surge, Larry Page also in the race
https://www.europesays.com/people/89009/
To recall, Kalshi, a web-based pr...
Is Elon Musk now world’s first ‘trillionaire’? Tesla chief’s net worth witnesses massive surge, Larry Page also in the race
https://www.europesays.com/people/89009/
To recall, Kalshi, a web-based prediction market platform, had projected that the Tesla Boss could become the world’s…
Musk becomes world’s first trillionaire as SpaceX shares soar
Musk becomes world’s first trillionaire as SpaceX shares soar
<p>First day of trading sees stock price jump some 20 percent after biggest IPO in history</p>
<p>The post <a href="https://www.timesofisrael.com/musk-becomes-worlds-first-trillionaire-as-spacex-shares-soar/">Musk becomes world’s first trillionaire as SpaceX shares soar</a> appeared first on <a href="https://www.timesofisrael.com">The Times of Israel</a>.</p>
<figure><img src="https://static-cdn.toi-media.com/www/uploads/2026/06/AP26154448087145-1024x640.jpg" title="Musk becomes world’s first trillionaire as SpaceX shares soar" border="0" width="160" height="100" class="type:primaryImage"></figure>
Musk becomes first trillionaire as SpaceX debuts on Nasdaq
A trillion dollars is a stupid amount of money
A trillion dollars is a stupid amount of money
Elon Musk is now officially the world's first trillionaire. That is a colossal amount of wealth (and by proxy, power) for one individual to have. Its scale - a thousand times more than a billion - is difficult to fathom for those of us who aren't among the 3,363 billionaires that currently exist in our […]
SpaceX soars in debut and makes Musk the first trillionaire | AP News
SpaceX soars in debut and makes Musk the first trillionaire | AP News
SpaceX began trading on Wall Street on Friday in what is expected to be the largest stock market debut in history, a milestone that could make Elon Musk the world’s first trillionaire.
Elon Musk became the world’s first trillionaire on Friday after shares of his rocket company SpaceX soared in Wall Street’s biggest initial public offering of stock.
Elon Musk has shattered global financial history as the world’s first trillionaire. Driven by the monumental public market debut of SpaceX, the tech mogul has officially crossed into unprecedented 13-figure wealth. (AP Video: Marissa Duhaney)
Gwynne Shotwell, President and COO of SpaceX, third from right, celebrates with colleagues during a bell ringing ceremony for the IPO of SpaceX at the Nasdaq MarketSite in New York, Friday, June 12, 2026, in New York. (AP Photo/Frank Franklin II)
Gwynne Shotwell, President and COO of SpaceX celebrates with colleagues during a bell ringing ceremony for the IPO of SpaceX at the Nasdaq MarketSite in New York, Friday, June 12, 2026, in New York. (AP Photo/Frank Franklin II)
Gwynne Shotwell, President and COO of SpaceX speaks dur…
After becoming the world's first trillionaire, Elon Musk issues bankruptcy warning
www.msn.com/en-us/news/t...
📰 #Finance
"As Elon Musk is poised to be crowned the world’s first trillionaire, Bloomberg’s Max Chafkin and Ed Ludlow break down Musk’s growing control of SpaceX, the possibility of a Tesla, SpaceX ...
📰 #Finance
"As Elon Musk is poised to be crowned the world’s first trillionaire, Bloomberg’s Max Chafkin and Ed Ludlow break down Musk’s growing control of SpaceX, the possibility of a Tesla, SpaceX merger, and why investors will follow Musk to the Moon, despite mounting questions about…"
Wealthier than most nations: Elon Musk poised to become first ... - KWTX
Wealthier than most nations: Elon Musk poised to become first ... - KWTX
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Elon Musk is already the richest person in the world, but he could be on the verge of a first: becoming the world’s first trillionaire.
Musk currently holds an estimated $273 billion in stock and options tied to his role as Tesla CEO.
If SpaceX’s initial public offering moves forward as planned next week, Musk’s net worth could rise by an additional $841 billion — bringing his estimated total to roughly $1.1 trillion.
To put that number in perspective, Musk could spend $1 million every hour of every day and it would still take more than a century to spend it all.
Using data from the International Monetary Fund, experts believe Musk’s projected wealth would likely exceed that of the vast majority of the world’s nations.
Data also suggests he could buy all residential and commercial property in Houston and still have money left over.
CNN Business clarified Musk’s wealth is paper wealth, “not a pile of cash in a bank somewhere.”
“All of it is subject to how investors continue to value his companies, Tesla and SpaceX, going fo…
Elon Musk’s net worth is approximately $1.1 trillion, making him the first person in world history to reach a trillion-dollar fortune. He cemented his trillionaire status following the record-breaking...
Elon Musk’s net worth is approximately $1.1 trillion, making him the first person in world history to reach a trillion-dollar fortune. He cemented his trillionaire status following the record-breaking IPO of SpaceX on the Nasdaq.
Elon Musk becomes world’s first trillionaire as SpaceX IPO surges on debut
Elon Musk becomes world’s first trillionaire as SpaceX IPO surges on debut
<img width="576" height="361" src="https://i0.wp.com/media.premiumtimesng.com/wp-content/files/2025/07/Elon-Musk-e1751796737294.jpg?fit=576%2C361&ssl=1" class="webfeedsFeaturedVisual wp-post-image" alt="Elon Musk" style="display: block; margin: auto; margin-bottom: 5px;max-width: 100%;" link_thumbnail="" decoding="async" srcset="https://i0.wp.com/media.premiumtimesng.com/wp-content/files/2025/07/Elon-Musk-e1751796737294.jpg?w=576&ssl=1 576w, https://i0.wp.com/media.premiumtimesng.com/wp-content/files/2025/07/Elon-Musk-e1751796737294.jpg?resize=526%2C330&ssl=1 526w" sizes="(max-width: 576px) 100vw, 576px" /><p>SpaceX’s shares closed at $161 on the Nasdaq on Friday, compared to its initial public offering (IPO) price of $135, making it the biggest-ever stock market debut.</p>
<p>The post <a href="https://www.premiumtimesng.com/business/business-news/887287-elon-musk-becomes-worlds-first-trillionaire-as-spacex-ipo-surges-on-debut.html">Elon Musk becomes world’s first trillionaire as SpaceX IPO surges on debut</a> appeared first on <a href="https://www.premiumtimesng.com">Premium Times Nigeria</a>.<…
Elon Musk is on the verge of becoming a trillionaire thanks to the record-breaking IPO, which also minted a new billionaire and boosted the fortunes of many others.
BREAKING:
Elon Musk has become the world's first trillionaire, with his net worth now estimated at over $1.1 trillion.
elon musk will become a Trillionaire today with SPACE X going Public.He's certainly made a fortune off of our government.He was paid a massive amount of money for hacking the election & cutting gover...
elon musk will become a Trillionaire today with SPACE X going Public.He's certainly made a fortune off of our government.He was paid a massive amount of money for hacking the election & cutting government programs for this evil Republican Party. He's made much more through government contracts
Breaking: Elon Musk becomes the world’s first trillionaire, while adding zero value to the world.
Top 100 Richest People in the World 2026 - finance-monthly.com
Top 100 Richest People in the World 2026 - finance-monthly.com
Update — 12 June 2026: Elon Musk becomes the world's first trillionaire
Following SpaceX's stock market debut, Elon Musk has become the first person in history to reach a net worth of more than $1 trillion. SpaceX priced its IPO at $135 a share, valuing the company at around $1.77 trillion, and began trading on the Nasdaq under the ticker SPCX today. With Musk holding roughly 42% of the company, the listing pushed his total fortune — combined with his Tesla and other holdings — to an estimated $1.1 trillion, a level no individual has previously reached. The figure remains very much a paper valuation that will move with SpaceX's share price in its opening days. We'll publish a full reassessment of Musk's wealth and his position at the top of this list once the IPO dust settles and the valuation steadies.
A trillion is a thousand billion — a one followed by twelve zeros ($1,000,000,000,000). To grasp the scale: a million seconds is about 11 days, a billion seconds is roughly 32 years, and a trillion seconds is around 31,700 years. Musk's estimated $1.1 trillion is more than the entire annual GDP of countries such as Sw…
Elon Musk is on the verge of becoming a trillionaire thanks to the record-breaking IPO price, which also minted a new billionaire and boosted the fortunes of many others. #elon #musk #elonmusk
https:/...
Elon Musk is on the verge of becoming a trillionaire thanks to the record-breaking IPO price, which also minted a new billionaire and boosted the fortunes of many others. #elon #musk #elonmusk
https://mu.sk/UKEY
SpaceX IPO makes Musk a paper trillionaire
SpaceX IPO makes Musk a paper trillionaire
Elon Musk's SpaceX company has floated on the Nasdaq stock exchange, with shares climbing more than 25% above the opening price. This makes Musk the world's first paper trillionaire, at least by market capitalization.
Elon Musk, the world’s first trillionaire – his stratospheric rise in charts
https://www.europesays.com/uk/1022978/
Elon Musk became the world’s first trillionaire on Friday, following the record-br...
Elon Musk, the world’s first trillionaire – his stratospheric rise in charts
https://www.europesays.com/uk/1022978/
Elon Musk became the world’s first trillionaire on Friday, following the record-breaking stock market debut of his company…
Elon Musk is on the verge of becoming a trillionaire thanks to the record-breaking IPO price, which also minted a new billionaire and boosted the fortunes of many others.
US entrepreneur Elon Musk is world’s first trillionaire after SpaceX IPO venture — agency
US entrepreneur Elon Musk is world’s first trillionaire after SpaceX IPO venture — agency
The company offered 555,555,555 stocks at a price of $135 per share
ELON MUSK BECOMES WORLD'S FIRST TRILLIONAIRE AS SPACEX MAKES HISTORY WITH RECORD IPO
A record-breaking stock market debut just changed the financial history books and reshaped the global business lan...
ELON MUSK BECOMES WORLD'S FIRST TRILLIONAIRE AS SPACEX MAKES HISTORY WITH RECORD IPO
A record-breaking stock market debut just changed the financial history books and reshaped the global business landscape.
Elon Musk's estimated net worth surpassed $1 trillion.
Read more at NewsLink7.com
INVESTOR engaged diplomatically UNITED STATES in New York, United States
Anabelle Colaco13 Jun 2026, 00:52 GMT+10
NEW YORK CITY, New York: Elon Musk has become the world's first trillionaire after SpaceX completed a record-breaking US$75 billion initial public offering, cementing his position as the richest person on the planet and underscoring investor confidence in his business empire.
The landmark IPO, the largest in history, values SpaceX at roughly $1.75 trillion. According to Reuters' calculations based on company filings, Musk's holdings in SpaceX, Tesla, and his other ventures now give him a net worth exceeding $1.1 trillion, as of when SpaceX began trading on June 12.
Before the offering, Forbes estimated Musk's fortune at about $780 billion, already far ahead of other billionaires.
"The second richest person has been hovering around $300 billion, so about less than one-third of what Musk can potentially be worth tomorrow," said Matt Durot, deputy editor at Forbes Wealth. "And only one other person, (Oracle founder) Larry Ellison, has ever been worth $400 billion."
Most of Musk's wealth is tied to SpaceX, where he holds a stake worth roughly $866 billion. The calculation also includes stock components that would vest over time.
Musk first…
BREAKING: Elon Musk has become the world's first trillionaire.
After SpaceX raised a record $75 billion in its IPO, Musk’s net worth shot up to top $1.1 trillion when the stock began trading Friday, ...
BREAKING: Elon Musk has become the world's first trillionaire.
After SpaceX raised a record $75 billion in its IPO, Musk’s net worth shot up to top $1.1 trillion when the stock began trading Friday, putting him in an economic class of his own.
Elon Musk becomes the world's first trillionaire with SpaceX's IPO
Elon Musk becomes the world's first trillionaire with SpaceX's IPO
Elon Musk has become the first person to cross the trillionaire threshold, at least on paper, after SpaceX
priced
its
blockbuster initial public offering
at $135 a share and its stock
soared
in its stock market debut.
Before the IPO, Musk was worth an estimated $813 billion, a fortune more than twice as large as the planet's second-richest person, Google co-founder Larry Page, who is worth an estimated $288 billion,
according
to Forbes.
"SpaceX wants to be able to take you to the Moon, take you to Mars and ultimately beyond," Musk said at a launch event with staffers on Friday at the company's headquarters in Starbase, Texas.
SpaceX formally setting its stock price at $135 boosted Musk's fortune to just over $1 trillion. The shares, which trade under the ticker symbol SPCX, jumped after they began trading shortly before noon ET. At its closing price of $160.95 on Friday, Musk's net worth reached roughly $1.14 trillion, although future declines could push him back below the trillionaire mark.
While billionaire wealth alone may be hard enough to comprehend, a trillionaire represents a level of wealth that rivals the …
Elon Musk is poised to become the first trillionaire. Just how much ...
Elon Musk is poised to become the first trillionaire. Just how much ...
SpaceX CEO Elon Musk provides an update on the development of the Starship spacecraft and Super Heavy rocket back in 2022. The plans for SpaceX to sell shares to the public would make Musk the world's first trillionaire.
Jonathan Newton/The Washington Post/Getty Images
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Summary
Elon Musk is poised to become the world's first trillionaire following SpaceX's planned initial public offering next week.
His combined holdings in Tesla and SpaceX could reach $1.11 trillion, surpassing the economies of most nations.
The article explains the scale of Musk's wealth through comparisons, from Manhattan's economy to global sports franchises.
AI-generated summary was reviewed by a CNN editor.
Elon Musk is poised to become the world’s first trillionaire. It’s a staggering amount of wealth never seen before in the history of human commerce.
Musk already owns $273 billion in stock and options thanks to his role as Tesla CEO. But if the
initial public offering
of SpaceX—his rocket and artificial intelligence company—goes as planned next week, he could…
Elon Musk world’s first trillionaire after SpaceX debut
Elon Musk world’s first trillionaire after SpaceX debut
Elon Musk became the world’s first trillionaire Friday following a surge in SpaceX shares in its Wall Street trading debut, according to US media.Shares of the tech and artificial intelligence enterprise vaulted more than 21 percent in early trading, lifting Musk’s estimated wealth to above $1 trillion, according to Bloomberg and CNBC. For all the latest headlines follow our Google News channel online or via the app.Musk’s fortune is heavily composed of equity or “paper” holdings, rather than cash.Read more:Digital lockdown: US delegation ditches devices for Trump China visitPentagon spars with SpaceX over Starlink price hike during Iran warElon Musk loses blockbuster OpenAI suit as jury says too late
Musk becomes world's first trillionaire as SpaceX shares jump
Musk becomes world's first trillionaire as SpaceX shares jump
The blockbuster operation, which raised more than $75 billion, is expected to kick off a series of major IPOs by AI companies in the coming months
Elon Musk Becomes World’s First Trillionaire As SpaceX IPO Sparks Investor Frenzy
Elon Musk Becomes World’s First Trillionaire As SpaceX IPO Sparks Investor Frenzy
Elon Musk became the world's first trillionaire on Friday after shares of his rocket company, SpaceX, surged following what was described as the largest stock market debut in history.
The Tesla and SpaceX chief further strengthened his position as the world's wealthiest person, with Bloomberg estimating his total net worth at $1.11 trillion (£828 billion). The milestone came as SpaceX began trading on the Nasdaq stock exchange at a valuation of $2.2 trillion.
Investor enthusiasm surrounding the company, which operates across the space, telecommunications and artificial intelligence sectors, drove strong demand for the stock from the moment trading began.
SpaceX priced its shares at $135 each ahead of the listing. However, demand quickly pushed the stock higher when trading opened, with shares debuting at $150.
The rally continued during the session, with the stock briefly reaching $176.50 as investors rushed to gain exposure to one of the world's most closely watched private companies. Market interest was also fuelled by optimism surrounding future opportunities in the space industry and busines…
Elon Musk Reaches a Historic $1 Trillion Net Worth - Visual Capitalist
Elon Musk Reaches a Historic $1 Trillion Net Worth - Visual Capitalist
Elon Musk: The World’s First Trillionaire
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Key Takeaways
Elon Musk’s forecasted net worth reaches over $1.1 trillion as SpaceX goes public, making him the world’s first trillionaire.
At $1.1 trillion, Musk’s fortune is nearly four times that of the world’s second-richest person, Larry Page ($292.7 billion), and larger than the next three fortunes combined.
For more than a century, the ceiling for personal wealth has been measured in billions. Today, that changes as SpaceX begins trading on the Nasdaq, pushing Elon Musk to become the world’s first trillionaire.
This graphic ranks the world’s 10 richest people using net worth estimates from the
Forbes Real-Time Billionaires
list as of June 11, 2026. Musk’s figure is the approximately $1.1 trillion forecast from Forbes and
Reuters
calculations made ahead of SpaceX’s market debut.
Elon Musk’s Wealth Eclipses the Richest in the World
At a forecast $1.1 trillion, Musk’s fortune is …
Anabelle Colaco13 Jun 2026, 00:52 GMT+10
Anabelle Colaco13 Jun 2026, 00:52 GMT+10
NEW YORK CITY, New York: Elon Musk has become the world's first trillionaire after SpaceX completed a record-breaking US$75 billion initial public offering, cementing his position as the richest person on the planet and underscoring investor confidence in his business empire.
The landmark IPO, the largest in history, values SpaceX at roughly $1.75 trillion. According to Reuters' calculations based on company filings, Musk's holdings in SpaceX, Tesla, and his other ventures now give him a net worth exceeding $1.1 trillion, as of when SpaceX began trading on June 12.
Before the offering, Forbes estimated Musk's fortune at about $780 billion, already far ahead of other billionaires.
"The second richest person has been hovering around $300 billion, so about less than one-third of what Musk can potentially be worth tomorrow," said Matt Durot, deputy editor at Forbes Wealth. "And only one other person, (Oracle founder) Larry Ellison, has ever been worth $400 billion."
Most of Musk's wealth is tied to SpaceX, where he holds a stake worth roughly $866 billion. The calculation also includes stock components that would vest over time.
Musk first…
Elon Musk becomes world’s first trillionaire after SpaceX mega float
Elon Musk becomes world’s first trillionaire after SpaceX mega float
By PA News Agency
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The blockbuster float of Elon Musk’s SpaceX company has made him the world’s first ever paper trillionaire (Alamy/PA)
This article is brought to you by our exclusive subscriber partnership with our sister title USA Today,
and has been written by our American colleagues.
It does not necessarily reflect the view of The Herald.
Elon Musk is never far from the headlines and now the Tesla and X owner is making history once again after the blockbuster float of his SpaceX company has made him the world’s first ever paper trillionaire.
The 54-year-old’s net worth was estimated at 982.6 billion US dollars (£733 billion) before the float, according to Forbes, which has swelled to more than one trillion dollars after the record-breaking initial public offering (IPO).
His fortune has been boosted by the sky-high valuation of his rocket and artificial intelligence (AI) firm SpaceX, in which he has a 38% stake in total, worth 688 billion dollars (£514 billion) at the initial IPO price, even before shares rocketed on opening.
This adds to his shares in Tesla, social media platf…
“Elon Musk became the world’s 1st trillionaire…w/ the largest [IPO] in…history for his rocket & AI co. SpaceX….Environmental & conservation groups…filed a fed lawsuit…to block a land swap approved by ...
“Elon Musk became the world’s 1st trillionaire…w/ the largest [IPO] in…history for his rocket & AI co. SpaceX….Environmental & conservation groups…filed a fed lawsuit…to block a land swap approved by the US Fish & Wildlife Service…giv[ing] SpaceX more than 700 ac of a nat’l wildlife refuge” in So TX
Elon Musk becomes the world's first trillionaire. Is that such a bad thing?
Elon Musk becomes the world's first trillionaire. Is that such a bad thing?
Elon Musk, the world's richest man, extended his lead by becoming the first trillionaire in world history. Many progressives have bemoaned this result for years, but is there really anything to fear?
The space exploration company SpaceX went public this week,
announcing on Thursday
an initial price of $135 per share.
Musk
, the founder, CEO, chief technology officer, and chairman of the board, "holds roughly half of the company's stock, including shares that he might earn far in the future tied to accomplishments such as shooting computer data centers into space and creating a human settlement on Mars," Shira Ovide and Faiz Siddiqui
report
at
The Washington Post
. "Those Musk shares in SpaceX are worth about $867 billion at Thursday's IPO price. Combined with the chunk of the automaker Tesla that also belongs to Musk, his stock in the two companies is valued at more than $1.1 trillion combined."
The company's stock
opened
at $150 and hit $170 after trading began, putting Musk comfortably above the trillion-dollar mark even without the bonus shares tied to space colonization.
The news was hardly a surprise.…
⚡ BREAKING: Elon Musk becomes world's first trillionaire on paper after SpaceX IPO. SpaceX's $75B listing values his stake at $866.5B, with Tesla holdings near $286B pushing total wealth above $1T. #E...
⚡ BREAKING: Elon Musk becomes world's first trillionaire on paper after SpaceX IPO. SpaceX's $75B listing values his stake at $866.5B, with Tesla holdings near $286B pushing total wealth above $1T. #ElonMusk #SpaceX
Elon Musk becomes world's first trillionaire as SpaceX begins trading
Elon Musk becomes world's first trillionaire as SpaceX begins trading
In this article
Elon Muskjust became the world's first trillionaire.
WithSpaceXopening on the Nasdaq at$150 a shareFriday, the CEO of SpaceX and Tesla now has a stake in SpaceX that's worth more than $766 billion. Combined with hisTeslastake, which is worth $280 billion, Musk's net worth from both companies as of Friday was roughly $1.05 trillion.
The SpaceX IPO added more than $180 billion to Musk's fortune. He is now worth more than the next five richest billionaires in the world combined. His personal net worth is larger than the national GDP of Taiwan, Ireland or Sweden.
Musk's coronation as the first person in history to be worth $1 trillion is likely to add fuel to the debate over wealth inequality and the rise in power of America's richest tech founders. Along with creating the world's first trillionaire, the SpaceX IPO also mintedthousands of new millionairesand several new billionaires among the employees and executives who own stock.
The Inside Wealth newsletter by Robert Frank is your weekly guide to high-net-worth investors and the industries that serve them.
Subscribe here to get access today.…
Tu cheez badi hain....Musk Musk: A small step for SpaceX, a giant leap to a trillion for Elon
Tu cheez badi hain....Musk Musk: A small step for SpaceX, a giant leap to a trillion for Elon
Elon Musk has achieved a historic milestone by becoming the world’s first trillionaire, driven by the soaring valuation from SpaceX’s IPO. His vision for reusable rockets and interplanetary colonies has captured the imagination of investors, turning space exploration into an enticing financial frontier. This remarkable shift in wealth underscores a new chapter in capitalism, expanding its reach beyond conventional sectors.
Unattributed party consulted NASA in Beijing, Beijing, China
FILE – This April 13, 2019, photo, shows rows of homes, in suburban Salt Lake City. (AP Photo/Rick Bowmer, File)
By
Associated Press
PUBLISHED:
June 12, 2026 at 10:59 AM EDT
| UPDATED:
June 12, 2026 at 11:11 AM EDT
Getting your
Trinity Audio
player ready...
By WYATTE GRANTHAM-PHILIPS, AP Business Writer
NEW YORK (AP) — Catapulted by the
market debut
of his rocket company SpaceX,
Elon Musk
could become the world’s first trillionaire by the end of the day.
That level of wealth, all owned by just one person, was once unfathomable. Before Friday, the trillion dollar mark was reserved for measures like the GDP (or
staggering debt
) of a handful of major economies — and,
in the last decade
alone, the value of some of the biggest companies to ever trade on the stock market.
Musk’s new title arrives amid a wider acceleration for the richest of the rich. Year after year, his former (although now very distant) billionaires club has reaped
a growing number
of members — from tech titans to celebrities. All the while, more and more people worldwide are
struggling to pay
their everyday bills. Many have decried the arrival of the first trillionaire as the latest and most alarming example of that …
SpaceX IPO makes Elon Musk the world's first trillionaire
SpaceX IPO makes Elon Musk the world's first trillionaire
<p>Few business leaders have been as deeply embedded in popular culture as Elon Musk, the ambitious entrepreneur who has become a central figure in internet culture and amassed a fortune that has made him the world’s first trillionaire.</p>
<p>At a time when concerns about inequality are high and public attitudes toward the ultra-wealthy have soured, Musk has managed to retain a loyal following despite his stratospheric net worth and without the folksy persona that endeared other tycoons such as Warren Buffett to the masses.</p>
<p>While admirers view Musk’s no-filter style as part of his appeal, critics have accused him of wielding oligarch-like power, raised concerns about governance at his companies and objected to his increasingly partisan political interventions.</p>
<p>Still, SpaceX, the sprawling rocket, satellite and AI company that, together with electric-car maker Tesla, forms the centre of Musk’s empire, raised a record $75 billion in its initial public offering (IPO) on Thursday, highlighting investor enthusiasm for his business ventures.</p>
<h2><a id="spacex-ipo-sale" href="#spacex-ipo-sale" class="heading-per…
Elon Musk becomes world's first trillionaire as SpaceX soars in stock market debut
Elon Musk becomes world's first trillionaire as SpaceX soars in stock market debut
Musk is now worth $1.11tn according to the Bloomberg rich list, while SpaceX listed on the Nasdaq stock exchange with a value of $2.2tn.
Elon Musk pushes his wealth to levels defying comprehension
Elon Musk pushes his wealth to levels defying comprehension
Catapulted by the triumphant market debut of his rocket company SpaceX, Elon Musk is now the world's first trillionaire, as expected.
However, that level of wealth, all owned...
PRIME MINISTER disapproved UNITED KINGDOM in Belfast, Belfast, United Kingdom
Elon Musk becomes world’s first trillionaire after SpaceX mega float
By PA News Agency
Share
0 Comments
The blockbuster float of Elon Musk’s SpaceX company has made him the world’s first ever paper trillionaire (Alamy/PA)
This article is brought to you by our exclusive subscriber partnership with our sister title USA Today,
and has been written by our American colleagues.
It does not necessarily reflect the view of The Herald.
Elon Musk is never far from the headlines and now the Tesla and X owner is making history once again after the blockbuster float of his SpaceX company has made him the world’s first ever paper trillionaire.
The 54-year-old’s net worth was estimated at 982.6 billion US dollars (£733 billion) before the float, according to Forbes, which has swelled to more than one trillion dollars after the record-breaking initial public offering (IPO).
His fortune has been boosted by the sky-high valuation of his rocket and artificial intelligence (AI) firm SpaceX, in which he has a 38% stake in total, worth 688 billion dollars (£514 billion) at the initial IPO price, even before shares rocketed on opening.
This adds to his shares in Tesla, social media platf…
ELON MUSK HAS JUST BECOME A TRILLIONAIRE WITH THE SPACEX IPO.
ONE MAN A TRILLIONAIRE!!!!! THIS IS SOOOOOO FUCKINGGGG SICK!!!!!!!
THE FACT THE HUMAN RACE ALLOWS THIS.... ON A PLANET WITH LIMITED RES...
ELON MUSK HAS JUST BECOME A TRILLIONAIRE WITH THE SPACEX IPO.
ONE MAN A TRILLIONAIRE!!!!! THIS IS SOOOOOO FUCKINGGGG SICK!!!!!!!
THE FACT THE HUMAN RACE ALLOWS THIS.... ON A PLANET WITH LIMITED RESOURCES IS AN INDICTMENT ON THE HUMAN RACE AND A DEATH WISH.
Elon Musk becomes the world’s first trillionaire after SpaceX shares rose on debut, following a record-breaking initial public offering that raised $75 billion for the rocket company.
The Washington P...
Elon Musk becomes the world’s first trillionaire after SpaceX shares rose on debut, following a record-breaking initial public offering that raised $75 billion for the rocket company.
The Washington Post
BREAKING: Elon Musk’s net worth hits $1.4 trillion, up $119 billion today.
Elon Musk becomes world’s first trillionaire after SpaceX mega float
Elon Musk becomes world’s first trillionaire after SpaceX mega float
By PA News Agency
Share
0 Comments
The blockbuster float of Elon Musk’s SpaceX company has made him the world’s first ever paper trillionaire (Alamy/PA)
This article is brought to you by our exclusive subscriber partnership with our sister title USA Today,
and has been written by our American colleagues.
It does not necessarily reflect the view of The Herald.
Elon Musk is never far from the headlines and now the Tesla and X owner is making history once again after the blockbuster float of his SpaceX company has made him the world’s first ever paper trillionaire.
The 54-year-old’s net worth was estimated at 982.6 billion US dollars (£733 billion) before the float, according to Forbes, which has swelled to more than one trillion dollars after the record-breaking initial public offering (IPO).
His fortune has been boosted by the sky-high valuation of his rocket and artificial intelligence (AI) firm SpaceX, in which he has a 38% stake in total, worth 688 billion dollars (£514 billion) at the initial IPO price, even before shares rocketed on opening.
This adds to his shares in Tesla, social media platf…
PENNSYLVANIA consulted PRETORIA in Pretoria, Gauteng, South Africa
Anabelle Colaco13 Jun 2026, 00:52 GMT+10
NEW YORK CITY, New York: Elon Musk has become the world's first trillionaire after SpaceX completed a record-breaking US$75 billion initial public offering, cementing his position as the richest person on the planet and underscoring investor confidence in his business empire.
The landmark IPO, the largest in history, values SpaceX at roughly $1.75 trillion. According to Reuters' calculations based on company filings, Musk's holdings in SpaceX, Tesla, and his other ventures now give him a net worth exceeding $1.1 trillion, as of when SpaceX began trading on June 12.
Before the offering, Forbes estimated Musk's fortune at about $780 billion, already far ahead of other billionaires.
"The second richest person has been hovering around $300 billion, so about less than one-third of what Musk can potentially be worth tomorrow," said Matt Durot, deputy editor at Forbes Wealth. "And only one other person, (Oracle founder) Larry Ellison, has ever been worth $400 billion."
Most of Musk's wealth is tied to SpaceX, where he holds a stake worth roughly $866 billion. The calculation also includes stock components that would vest over time.
Musk first…
The world’s first trillionaire is a killer
The world’s first trillionaire is a killer
Elon Musk's SpaceX IPO will probably make him the richest person to ever walk the planet. And while his mountain of horrible personal conduct could fill multiple books, one fact in particular stands out: A year ago, Musk's actions directly led to the deaths of hundreds of thousands of people. He did it knowingly. And, […]
Elon Musk becomes world’s first trillionaire after SpaceX mega float
Elon Musk becomes world’s first trillionaire after SpaceX mega float
By PA News Agency
Share
0 Comments
The blockbuster float of Elon Musk’s SpaceX company has made him the world’s first ever paper trillionaire (Alamy/PA)
This article is brought to you by our exclusive subscriber partnership with our sister title USA Today,
and has been written by our American colleagues.
It does not necessarily reflect the view of The Herald.
Elon Musk is never far from the headlines and now the Tesla and X owner is making history once again after the blockbuster float of his SpaceX company has made him the world’s first ever paper trillionaire.
The 54-year-old’s net worth was estimated at 982.6 billion US dollars (£733 billion) before the float, according to Forbes, which has swelled to more than one trillion dollars after the record-breaking initial public offering (IPO).
His fortune has been boosted by the sky-high valuation of his rocket and artificial intelligence (AI) firm SpaceX, in which he has a 38% stake in total, worth 688 billion dollars (£514 billion) at the initial IPO price, even before shares rocketed on opening.
This adds to his shares in Tesla, social media platf…
Elon Musk has officially become the world’s first trillionaire. Following SpaceX’s record-breaking initial public offering, his net worth has surged past $1.1 trillion.
Musk’s massive stake in SpaceX...
Elon Musk has officially become the world’s first trillionaire. Following SpaceX’s record-breaking initial public offering, his net worth has surged past $1.1 trillion.
Musk’s massive stake in SpaceX now accounts for the majority of his fortune (estimated around $800–$820…
Elon musk becomes the first trillionaire in the world
Elon Musk has become the world’s first trillionaire on paper following the record-breaking initial public offering of SpaceX, which was priced at...
Elon musk becomes the first trillionaire in the world
Elon Musk has become the world’s first trillionaire on paper following the record-breaking initial public offering of SpaceX, which was priced at $135 per share and raised about $75 billion.
FILE – This April 13, 2019, photo, shows rows of homes, in suburban Salt Lake City. (AP Photo/Rick Bowmer, File)
FILE – This April 13, 2019, photo, shows rows of homes, in suburban Salt Lake City. (AP Photo/Rick Bowmer, File)
By
Associated Press
PUBLISHED:
June 12, 2026 at 10:59 AM EDT
| UPDATED:
June 12, 2026 at 11:11 AM EDT
Getting your
Trinity Audio
player ready...
By WYATTE GRANTHAM-PHILIPS, AP Business Writer
NEW YORK (AP) — Catapulted by the
market debut
of his rocket company SpaceX,
Elon Musk
could become the world’s first trillionaire by the end of the day.
That level of wealth, all owned by just one person, was once unfathomable. Before Friday, the trillion dollar mark was reserved for measures like the GDP (or
staggering debt
) of a handful of major economies — and,
in the last decade
alone, the value of some of the biggest companies to ever trade on the stock market.
Musk’s new title arrives amid a wider acceleration for the richest of the rich. Year after year, his former (although now very distant) billionaires club has reaped
a growing number
of members — from tech titans to celebrities. All the while, more and more people worldwide are
struggling to pay
their everyday bills. Many have decried the arrival of the first trillionaire as the latest and most alarming example of that …
Breaking: Elon Musk becomes the world’s first trillionaire, and as a result YOU have absolutely no less money than you did yesterday. Mazel tov, Elon, congratulations.
United States: SpaceX's record-breaking debut could propel Elon Musk toward the milestone of becoming a trillionaire.
Context: His wealth is highly valued based on his various companies and stock perf...
United States: SpaceX's record-breaking debut could propel Elon Musk toward the milestone of becoming a trillionaire.
Context: His wealth is highly valued based on his various companies and stock performance.
Fact Check by gemma4:latest https://bsky.app/profile/financialtimes.com/post/3mo3yajamng24
How rich is a trillionaire? Musk can sponsor IPL for 17k years, spend Rs 1cr daily for 23,500 yrs
How rich is a trillionaire? Musk can sponsor IPL for 17k years, spend Rs 1cr daily for 23,500 yrs
Elon Musk's ascent to trillionaire status, driven by Tesla, SpaceX, and xAI, redefines immense wealth. A trillion dollars, approximately Rs 86 lakh crore, dwarfs national economies and government budgets. This fortune could fund multiple Apollo missions, build numerous advanced telescopes, or purchase over 75 aircraft carriers, illustrating wealth on a scale previously unimaginable.
Elon Musk becomes world's first trillionaire as SpaceX begins ... - CNBC
Elon Musk becomes world's first trillionaire as SpaceX begins ... - CNBC
In this article
Elon Muskjust became the world's first trillionaire.
WithSpaceXopening on the Nasdaq at$150 a shareFriday, the CEO of SpaceX and Tesla now has a stake in SpaceX that's worth more than $766 billion. Combined with hisTeslastake, which is worth $280 billion, Musk's net worth from both companies as of Friday was roughly $1.05 trillion.
The SpaceX IPO added more than $180 billion to Musk's fortune. He is now worth more than the next five richest billionaires in the world combined. His personal net worth is larger than the national GDP of Taiwan, Ireland or Sweden.
Musk's coronation as the first person in history to be worth $1 trillion is likely to add fuel to the debate over wealth inequality and the rise in power of America's richest tech founders. Along with creating the world's first trillionaire, the SpaceX IPO also mintedthousands of new millionairesand several new billionaires among the employees and executives who own stock.
The Inside Wealth newsletter by Robert Frank is your weekly guide to high-net-worth investors and the industries that serve them.
Subscribe here to get access tod…
Elon Musk regains trillionaire status as SpaceX, Tesla shares surge
Elon Musk regains trillionaire status as SpaceX, Tesla shares surge
<img width="1296" height="730" src="https://i0.wp.com/media.premiumtimesng.com/wp-content/files/2022/04/Elon-Musk.png?fit=1296%2C730&ssl=1" class="webfeedsFeaturedVisual wp-post-image" alt="Elon Musk" style="display: block; margin: auto; margin-bottom: 5px;max-width: 100%;" link_thumbnail="" decoding="async" srcset="https://i0.wp.com/media.premiumtimesng.com/wp-content/files/2022/04/Elon-Musk.png?w=1296&ssl=1 1296w, https://i0.wp.com/media.premiumtimesng.com/wp-content/files/2022/04/Elon-Musk.png?resize=526%2C296&ssl=1 526w, https://i0.wp.com/media.premiumtimesng.com/wp-content/files/2022/04/Elon-Musk.png?resize=768%2C433&ssl=1 768w, https://i0.wp.com/media.premiumtimesng.com/wp-content/files/2022/04/Elon-Musk.png?resize=750%2C422&ssl=1 750w, https://i0.wp.com/media.premiumtimesng.com/wp-content/files/2022/04/Elon-Musk.png?resize=1140%2C642&ssl=1 1140w" sizes="(max-width: 1296px) 100vw, 1296px" /><p>The latest development confirms that the Tesla founder remains the world's richest person by a wide margin, ahead of Google co-founders Larry Page ($288.7 billion) and Sergey Brin ($266.3 billio…
Elon Musk becomes world's first trillionaire as SpaceX begins trading
Elon Musk becomes world's first trillionaire as SpaceX begins trading
In this article
Elon Muskjust became the world's first trillionaire.
WithSpaceXopening on the Nasdaq at$150 a shareFriday, the CEO of SpaceX and Tesla now has a stake in SpaceX that's worth more than $766 billion. Combined with hisTeslastake, which is worth $280 billion, Musk's net worth from both companies as of Friday was roughly $1.05 trillion.
The SpaceX IPO added more than $180 billion to Musk's fortune. He is now worth more than the next five richest billionaires in the world combined. His personal net worth is larger than the national GDP of Taiwan, Ireland or Sweden.
Musk's coronation as the first person in history to be worth $1 trillion is likely to add fuel to the debate over wealth inequality and the rise in power of America's richest tech founders. Along with creating the world's first trillionaire, the SpaceX IPO also mintedthousands of new millionairesand several new billionaires among the employees and executives who own stock.
The Inside Wealth newsletter by Robert Frank is your weekly guide to high-net-worth investors and the industries that serve them.
Subscribe here to get access today.…
SpaceX just made Musk the world's first trillionaire. So who else gets a piece of the AI wealth explosion? Samsung workers in South Korea had something to say about it restofworld.org/2026/samsung...
PENNSYLVANIA consulted PRETORIA in Pretoria, Gauteng, South Africa
Anabelle Colaco13 Jun 2026, 00:52 GMT+10
NEW YORK CITY, New York: Elon Musk has become the world's first trillionaire after SpaceX completed a record-breaking US$75 billion initial public offering, cementing his position as the richest person on the planet and underscoring investor confidence in his business empire.
The landmark IPO, the largest in history, values SpaceX at roughly $1.75 trillion. According to Reuters' calculations based on company filings, Musk's holdings in SpaceX, Tesla, and his other ventures now give him a net worth exceeding $1.1 trillion, as of when SpaceX began trading on June 12.
Before the offering, Forbes estimated Musk's fortune at about $780 billion, already far ahead of other billionaires.
"The second richest person has been hovering around $300 billion, so about less than one-third of what Musk can potentially be worth tomorrow," said Matt Durot, deputy editor at Forbes Wealth. "And only one other person, (Oracle founder) Larry Ellison, has ever been worth $400 billion."
Most of Musk's wealth is tied to SpaceX, where he holds a stake worth roughly $866 billion. The calculation also includes stock components that would vest over time.
Musk first…
Elon Musk Becomes First Trillionaire After SpaceX IPO
Elon Musk became the world's first trillionaire on June 12, 2026, following the record-breaking initial public offering of SpaceX.
#EU #Europe
Can you spend $1 trillion? We hand you Musk’s fortune to find out
Can you spend $1 trillion? We hand you Musk’s fortune to find out
Elon Musk just became the world's first trillionaire. We break down what $1 trillion can buy across 35 categories.
Elon Musk becomes the world's first trillionaire after SpaceX's record stock debut
Elon Musk becomes the world's first trillionaire after SpaceX's record stock debut
<p>
<img src="https://en.mercopress.com/data/cache/noticias/110471/100x80/musk.jpg" alt="SpaceX shares began trading on the Nasdaq, under the ticker “SPCX,” at $150, above the $135 listing price" width="100" height="80" style="float:left;margin:0 12px 6px 0;border:1px solid #333" />
Technology magnate Elon Musk became the world's first trillionaire on Friday, after his aerospace company SpaceX made its stock-market debut. Following the IPO, which raised a record roughly $75 billion and valued the company at about $1.77 trillion, the net worth of the owner of Tesla, the social network X and Neuralink stood at around $1.1 trillion.</p>
How SpaceX’s blockbuster IPO made Musk world’s first trillionaire and what it means
Corroboration
No verdict, no pronouncement. The model extracts atomic factual claims with verbatim quotes; every quote is validated against the source text and corroboration is computed by counting how many editorially-opposed blocs assert each fact. 17 fabricated/unverifiable quotes were rejected by the cite-or-die gate.
The spine · 3 facts corroborated across ≥2 opposed blocs
10×cross-perspective · 2Elon Musk became the world's first trillionaire after SpaceX's stock market debut.
chinagulfindiajapanlatamnigeriaotherqatarrussiawestern
abc_au“Breaking: Elon Musk set to become world's first trillionaire as SpaceX lists on US stock market”
alarabiya“Elon Musk became the world’s first trillionaire Friday following a surge in SpaceX shares in its Wall Street trading debut, according to US media.”
aljazeera“SpaceX IPO debuts in US markets, Musk becomes world’s first trillionaire”
bbc“Elon Musk becomes world's first trillionaire as SpaceX soars in stock market debut”
dw“SpaceX IPO makes Musk a paper trillionaire”
france24“Musk becomes world's first trillionaire as SpaceX shares soar”
gdelt“Elon Musk has become the world's first trillionaire after SpaceX completed a record-breaking US$75 billion initial public offering”
guardian“He’s now the world’s first trillionaire, after his rocket and AI company broke IPO records on its way to a $2.1tn valuation”
hindu“Musk becomes world's first trillionaire as SpaceX shares jump”
mainichi“Elon Musk became the world's first trillionaire after shares of his rocket company SpaceX soared in Wall Street's biggest initial pub”
mercopress“Technology magnate Elon Musk became the world's first trillionaire on Friday, after his aerospace company SpaceX made its stock-market debut.”
premiumtimes“Elon Musk becomes world’s first trillionaire as SpaceX IPO surges on debut”
scmp“Elon Musk is now the world’s first trillionaire – what could he buy with all that money?”
tass“US entrepreneur Elon Musk is world’s first trillionaire after SpaceX IPO venture — agency”
3×broadly confirmedSpaceX's initial public offering raised about $75 billion.
indiaotherwestern
gdelt“record-breaking US$75 billion initial public offering”
guardian“raised $75bn”
hindu“raised more than $75 billion”
2×broadly confirmedElon Musk's net worth after the IPO was about $1.1 trillion.
otherwestern
bbc“Musk is now worth $1.11tn according to the Bloomberg rich list”
guardian“his personal fortune now amounts to $1.1tn”
gdelt“net worth exceeding $1.1 trillion”
Contested · 10 — sources conflict; shown, not resolved
⚔ different valuation figures
A western SpaceX was valued at about $2.2 trillion after the IPO.
B western SpaceX was valued at about $2.1 trillion after the IPO.
⚔ different valuation figures
A western SpaceX was valued at about $2.2 trillion after the IPO.
B other SpaceX was valued at roughly $1.75 trillion after the IPO.
⚔ different valuation figures
A western SpaceX was valued at about $2.2 trillion after the IPO.
B latam SpaceX was valued at about $1.77 trillion after the IPO.
⚔ different valuation figures
A western SpaceX was valued at about $2.1 trillion after the IPO.
B other SpaceX was valued at roughly $1.75 trillion after the IPO.
⚔ different valuation figures
A western SpaceX was valued at about $2.1 trillion after the IPO.
B latam SpaceX was valued at about $1.77 trillion after the IPO.
⚔ different valuation figures
A other SpaceX was valued at roughly $1.75 trillion after the IPO.
B latam SpaceX was valued at about $1.77 trillion after the IPO.
⚔ different percentage rise figures
A SpaceX shares rose about 20 percent on the debut day.
B gulf SpaceX shares rose more than 21 percent in early trading.
⚔ different percentage rise figures
A SpaceX shares rose about 20 percent on the debut day.
B SpaceX shares rose more than 25 percent above the opening price.
⚔ different percentage rise figures
A gulf SpaceX shares rose more than 21 percent in early trading.
B SpaceX shares rose more than 25 percent above the opening price.
⚔ different net‑worth figures
A tech Elon Musk's net worth before the IPO was around $800 billion.
B other Elon Musk's net worth before the IPO was about $780 billion.
Single-source · 11 — reported by one bloc only (uncorroborated)
SpaceX was valued at about $2.2 trillion after the IPO.
bbc
SpaceX was valued at about $2.1 trillion after the IPO.
guardian
SpaceX was valued at roughly $1.75 trillion after the IPO.
gdelt
SpaceX was valued at about $1.77 trillion after the IPO.
mercopress
SpaceX listed on the Nasdaq stock exchange.
bbc
SpaceX offered 555,555,555 shares at $135 each.
tass
SpaceX shares closed at $161 on the Nasdaq on Friday.
premiumtimes
SpaceX shares rose more than 21 percent in early trading.
alarabiya
Elon Musk's net worth before the IPO was around $800 billion.
theverge
Elon Musk's net worth before the IPO was about $780 billion.
gdelt
SpaceX's IPO was the biggest IPO in history and a record‑breaking offering.
premiumtimes
Framing · 1 — loaded language surfaced (spin shown, not adopted)
premiumtimes
“biggest-ever stock market debut”
→ biggest
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