The Verge
6/12/2026

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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