Elon Musk poised to make history as world’s first trillionaire
Key takeaways
- Space X’s record-breaking IPO catapults Musk to unprecedented wealth amid rising angst over global inequality.
- Musk already holds the crown of the world’s wealthiest man – worth roughly $696bn before SpaceX announced its record-breaking initial public offering on Thursday, according to the Bloomberg Billionaire Index.
- But his 42 percent stake in the rocket-cum-AI company will take him into uncharted territory.
Why this matters: an international story with cross-border implications worth tracking.
Space X’s record-breaking IPO catapults Musk to unprecedented wealth amid rising angst over global inequality.
xwhatsapp-strokecopylinkgoogle Add Al Jazeera on Googleinfo Elon Musk attends the Saudi Investment Forum at the Kennedy Center, in Washington, DC, the US, on November 19, 2025 [File: Evan Vucci/AP]By Erin Hale and John Power Published On 12 Jun 202612 Jun 2026When Elon Musk’s Space X debuts on Wall Street on Friday, the controversial tech titan will almost certainly step into the history books as the world’s first trillionaire.
Musk already holds the crown of the world’s wealthiest man – worth roughly $696bn before SpaceX announced its record-breaking initial public offering on Thursday, according to the Bloomberg Billionaire Index.