Elon Musk on track to become first trillionaire as SpaceX IPO looms
By
Chris Isidore
Summary
Elon Musk is on track to become the world's first trillionaire, currently holding $273 billion in Tesla stock and options. With SpaceX's upcoming IPO valued at $1.77 trillion, Musk's stake could add $841 billion to his net worth. The article explores the sheer scale of $1 trillion in wealth through relatable comparisons, examining what that amount of money means in terms of time, spending, and historical context.
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Key quotes
· 3 pulledElon 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.
If the initial public offering of SpaceX—his rocket and artificial intelligence company—goes as planned next week, he could soon be worth an additional $841 billion.
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