š SpaceX IPO Propels Elon Musk to World's First Trillionaire
⢠Overall Wealth: Tech entrepreneur Elon Musk's net worth is set to exceed US$ 1.1 Tn as SpaceX begins public trading following a historic initial public offering (IPO). Prior to the listing, Forbes valued his wealth at approximately US$ 780 Bn. ⢠IPO & Valuation: SpaceX raised a record US$ 75 Bn in its IPO. Musk's personal stake in the rocket, satellite, and AI firm is now valued at roughly US$ 866 Bn, forming the majority of his historic wealth pile alongside electric vehicle manufacturer Tesla. ⢠Comparative Scale: Musk's new valuation places him far ahead of global peers. The world's second-richest person, Larry Page, holds a net worth hovering around US$ 300 Bn, meaning Musk is worth nearly triple his closest billionaire counterpart. ⢠Market & Context: While Tesla redefined the global automotive industry, it faced weakening sales in international markets in 2025 due to consumer boycotts over Musk's political ventures. Investor enthusiasm remains heavily anchored to the "Elon Premium" across his tech empire.