Elon Musk Set to Become World’s First Trillionaire After SpaceX IPO

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Elon Musk is on track to become the world’s first trillionaire. The main driver is SpaceX’s recent initial public offering (IPO).

The IPO priced at $135 per share. That values SpaceX at an implied $1.8 trillion. Musk’s net worth now stands at an estimated $982.6 billion.

He will cross the trillion-dollar mark if SpaceX’s stock climbs to $138.50 per share. A significant rise in Tesla’s share price could also push him over the line.

Most of Musk’s fortune comes from his large stake in SpaceX, which he founded in 2002. He also owns 12 percent of Tesla.

His accumulated wealth now exceeds the annual economic output of many countries. This highlights the unprecedented scale of his financial success.

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