Elon Musk is the world's first trillionaire
Elon Musk's net worth has passed the trillion-dollar mark after SpaceX's IPO, making him the world's first trillionaire. His wealth, around $800 billion before the IPO, now includes the value of his 4.8 billion shares in SpaceX plus holdings in other companies like Tesla, with SPCX shares trading well above the $138 benchmark needed for a 13-figure net worth. Musk reached the milestone 110 years after John D.
Key Takeaways
- SpaceX's IPO (SPCX) is worth more than $138 per share, making Elon Musk the first trillionaire ever.
AI Business News Elon Musk is the world's first trillionaire 110 years after John D.
- by Stevie Bonifield Jun 12, 2026, 4:24 PM UTC Link Share Gift Image: Cath Virginia / The Verge, Getty Images Part Of SpaceX's massive IPO: all the latest news see all updates Stevie Bonifield is a news writer covering all things consumer tech.
Stevie started out at Laptop Mag writing news and reviews on hardware, gaming, and AI.
- Shares of SPCX opened at $150 and have remained well above the $138 benchmark that gives Musk a 13-figure net worth.
It also claims this combination is uniquely positioned to deliver on the concept of "orbital AI compute" by putting AI data center servers in space via reusable rockets.
- Bezos and Ellison each have less than a fourth of Musk's net worth.
- Richard Lawler 12:12 AM UTC The world's first trillionaire is a killer TC Sottek Jun 12 Forbes Real-Time Billionaires list adds a trillionaire.
Stats & Key Facts
- #His wealth, around $800 billion before the IPO, now includes the value of his 4.8 billion shares in SpaceX plus holdings in other companies like Tesla, with SPCX shares trading well above the $138 benchmark needed for a 13-figure net worth.
- #His net worth, which was hovering around $800 billion before the IPO, includes the value of his 4.8 billion shares in SpaceX, along with his wealth from his other companies, like Tesla.
- #Shares of SPCX opened at $150 and have remained well above the $138 benchmark that gives Musk a 13-figure net worth.
- #According to Forbes , Larry Page, Sergey Brin, Jeff Bezos, and Larry Ellison, all together, are worth just over $1 trillion.
SpaceX's IPO (SPCX) is worth more than $138 per share, making Elon Musk the first trillionaire ever. AI Business News Elon Musk is the world's first trillionaire 110 years after John D. Rockefeller became the world's first billionaire.
Rockefeller became the world's first billionaire. by Stevie Bonifield Jun 12, 2026, 4:24 PM UTC Link Share Gift Image: Cath Virginia / The Verge, Getty Images Part Of SpaceX's massive IPO: all the latest news see all updates Stevie Bonifield is a news writer covering all things consumer tech. Stevie started out at Laptop Mag writing news and reviews on hardware, gaming, and AI.
Elon Musk's net worth has passed the trillion-dollar mark after SpaceX's IPO . His net worth, which was hovering around $800 billion before the IPO, includes the value of his 4.8 billion shares in SpaceX, along with his wealth from his other companies, like Tesla. Shares of SPCX opened at $150 and have remained well above the $138 benchmark that gives Musk a 13-figure net worth.
For more details please read the original article at The Verge AI.
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