Elon Musk Is the World's First Trillionaire
Key takeaways
- Elon Musk became the first person to amass a personal fortune of over $1,000,000,000,000—that’s 12 zeros—after shares of his rocket company Space X debuted on the Nasdaq stock exchange on Friday.
- Space X’s initial public offering on Thursday valued the company at nearly $1.8 trillion, up from its most recent private valuation of around $1.25 trillion.
- In 2024, his net worth surpassed $400 billion, per Bloomberg—which means it has nearly tripled in less than two years.
Why this matters: a development in AI with implications for how people work, create, and decide.
Photograph: Victor J. Blue/Getty Images Comment Loader Save Story Save this story Comment Loader Save Story Save this story There are thousands of billionaires across the world. But there is only one trillionaire.
Elon Musk became the first person to amass a personal fortune of over $1,000,000,000,000—that’s 12 zeros—after shares of his rocket company Space X debuted on the Nasdaq stock exchange on Friday.
Space X’s initial public offering on Thursday valued the company at nearly $1.8 trillion, up from its most recent private valuation of around $1.25 trillion. After shares opened at $150 on Friday morning in New York and kept surging, SpaceX’s market capitalization reached about $2.2 trillion.