Elon Musk becomes world's first trillionaire after SpaceX stock market debut
By
Phil Leake, Jess Carr, Daniel Thomas, Katherine Gaynor, Miguel Roca-Terry
Pale and squishy. Not ruined, just not done.
Summary
Elon Musk became the world's first trillionaire on Friday after SpaceX's record-breaking stock market debut, with an estimated net worth of $1.11tn according to Bloomberg. The article charts his rapid financial rise from being the 35th richest person in January 2020 to now surpassing other billionaires like Jeff Bezos, Bernard Arnault, and Google's co-founders. The BBC breaks down how the tech mogul's fortune has grown over time.
Key quotes
· 3 pulledElon Musk became the world's first trillionaire on Friday, following the record-breaking stock market debut of his company SpaceX.
With a current estimated net worth of about $1.11tn, according to Bloomberg, Musk sits well above wealthy billionaires topping rich lists.
In January 2020, he was only the 35th richest person in the world.
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