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The Verge
The Verge
6/12/2026
Elon Musk is the world’s first trillionaire

Elon Musk is the world’s first trillionaire

Short summary

Elon Musk became the world's first trillionaire following SpaceX's IPO at $150 per share. His wealth comprises $4.8 billion in SpaceX equity, significant Tesla holdings, and other ventures. SpaceX aims to achieve multiplanetary civilization and advance space exploration capabilities.

  • SpaceX IPO milestone: shares opened at $150, pushing Elon Musk past $1 trillion net worth
  • Wealth breakdown: $4.8B SpaceX shares plus substantial Tesla and other company holdings
  • SpaceX strategic focus: multiplanetary expansion and space technology advancement

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