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Elon Musk becomes world's first trillionaire as SpaceX goes public

Musk, who is also a major shareholder and CEO of Tesla, is now worth an estimated US$1.1 trillion (NZ$1.8 trillion), according to Forbes....

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Jun 13, 2026

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Elon Musk becomes world's first trillionaire as SpaceX goes public

AI Insight:Elon Musk's unprecedented wealth milestone has significant implications for the tech industry and global economy.

Elon Musk, the visionary entrepreneur and CEO of SpaceX, has achieved a historic feat by becoming the world's first trillionaire after SpaceX's successful initial public offering (IPO). With an estimated net worth of US$1.1 trillion, Musk has solidified his position as one of the most influential and successful business leaders of our time. As a major shareholder and CEO of Tesla, Musk's success is a testament to his innovative approach to space exploration and sustainable energy. The SpaceX IPO has not only catapulted Musk to unprecedented wealth but also marked a significant milestone for the private space industry, which is expected to experience rapid growth in the coming years. As the world's first trillionaire, Musk's influence will undoubtedly extend beyond the business world, shaping the future of space exploration, energy production, and potentially even global politics.