Elon Musk Makes History as the World’s First Trillionaire in History
Last update: June 13, 2026
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What seemed impossible just a few years ago has now become reality. Elon Musk has officially become the first person in history to amass a fortune worth more than $1 trillion, thanks to the spectacular stock market debut of SpaceX.
According to cbinewstv, Elon Musk has reached a historic financial milestone, becoming the world's first trillionaire.
The landmark achievement came after the blockbuster stock market debut of SpaceX, Musk's rocket company, which made a powerful entrance on Wall Street on Friday.
SpaceX launched its Initial Public Offering (IPO) at $135 per share, instantly boosting Musk's personal fortune beyond the $1 trillion mark. Investor enthusiasm quickly pushed the stock even higher, with shares climbing to $165 shortly after trading began on the Nasdaq under the ticker symbol "SPCX".
That impressive rise saw SpaceX's valuation surge past $2 trillion, cementing its place among America's corporate giants.
Even before the listing, Musk was already sitting comfortably atop the global rich list with an estimated net worth of $813 billion. To put that into perspective, his fortune was already more than double that of the world's second-richest individual, Google co-founder Larry Page, whose wealth is estimated at around $288 billion.
With this latest jump, Musk's wealth now exceeds the combined fortunes of Larry Page, fellow Google co-founder Sergey Brin, and Oracle founder Larry Ellison, according to figures tracked by the Bloomberg Billionaires Index.
SpaceX's remarkable valuation now places it as the sixth-largest publicly traded company in the United States, trailing only Nvidia, Alphabet, Apple, Microsoft and Amazon.
The company is also the parent firm of Starlink, the rapidly growing and profitable satellite internet service, as well as xAI, Musk's artificial intelligence venture behind the Grok chatbot.
Musk's latest achievement marks another extraordinary chapter in a career that has continually reshaped industries ranging from electric vehicles and space exploration to artificial intelligence and communications.
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