Elon Musk is the world’s first trillionaire

The Verge
Elon Musk has become the world’s first trillionaire following the successful IPO of SpaceX.

Summary

Elon Musk has officially reached a net worth exceeding $1 trillion, marking a historic financial milestone 110 years after John D. Rockefeller became the world’s first billionaire. This surge in wealth was driven by the initial public offering of SpaceX, where shares remained significantly above the benchmark required to push Musk into 13-figure territory. SpaceX, which recently integrated Musk's rocket, AI, and social media ventures, aims to advance multiplanetary life and orbital AI computing. Musk’s total wealth now roughly equals the combined fortunes of the world's next four wealthiest individuals, including Jeff Bezos and Larry Ellison.

(Source:The Verge)