Elon Musk is the world’s first trillionaire

Elon Musk’s net worth has since crossed the $1 trillion mark SpaceX IPO. His net worth, which hovered around $800 billion before the IPO, includes the $4.8 billion worth of his shares in SpaceX, along with his wealth from his other companies, such as Tesla. SPCX shares opened at $150 and remained well above the $138 benchmark that gives Musk a 13-figure net worth.

SpaceX brought together Musk Rockets, artificial intelligence, and social media platforms Earlier this year, he said In S-1 Its goal is “to build the systems and technologies needed to make life multiplanetary, to understand the true nature of the universe, and to extend the light of consciousness to the stars.” It also claims that the combination is uniquely positioned to realize the concept of “orbital AI computation” by placing AI data center servers in space via reusable rockets.

On paper, Musk is now worth roughly as much as the four richest people in the world combined. according to ForbesLarry Page, Sergey Brin, Jeff Bezos, and Larry Ellison are all worth just over $1 trillion. Bezos and Ellison each own less than a quarter of Musk’s net worth. Musk crossed the $1 trillion mark 110 years after John D. Rockefeller became the world’s first billionaire in 1916.