Elon Musk gestures in the gallery on the day of U.S. President Donald Trump's speech to a joint session of Congress, in the House Chamber of the U.S. Capitol in Washington, D.C., U.S., March 4, 2025.
Kevin Lamarque | Reuters
Elon Musk just became the world's first trillionaire.
With SpaceX opening on the Nasdaq at $150 a share Friday, his stake in the company is worth more than $766 billion. Combined with his Tesla stake, which is worth $280 billion, Musk's net worth from both companies as of Friday is roughly $1.05 trillion.
Musk's coronation as the first person in history to be worth $1 trillion is likely to add fuel to the debate over wealth inequality and the rise in power and wealth of America's wealthiest tech founders. Along with creating the world's first trillionaire, the SpaceX IPO also minted thousands of new millionaires and several new billionaires among the SpaceX employees and executives who own stock.
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