Elon Musk becomes world's first trillionaire after SpaceX goes public
By
Chris Isidore
If you only eat one bagel today, this is the bagel.
Summary
Elon Musk has become the world's first trillionaire after SpaceX went public, adding approximately $982 billion to his existing $279 billion in Tesla-related wealth. SpaceX was valued at $2 trillion at the time of its IPO, with Musk owning nearly half the stock. This marks an unprecedented level of individual wealth in human history.
Key quotes
· 3 pulledElon Musk just became the world’s first trillionaire after SpaceX, his rocket and AI company, went public on Friday.
It's a staggering amount of wealth never seen before in the history of human commerce.
Musk, the world's richest man even before SpaceX's IPO, already owns about $279 billion in stock and options thanks to his role as Tesla's CEO.
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