Elon Musk on track to become first trillionaire as SpaceX IPO looms
By
Chris Isidore
The kind of bagel that ruins lesser bagels for you.
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 through relatable comparisons, illustrating how incomprehensible this level of wealth is compared to historical fortunes and everyday life.
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.
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.
He would own nearly half the stock of SpaceX, which the IPO is on track to value at $1.77 trillion
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