Elon Musk has become the world’s first trillionaire, with his combined SpaceX and Tesla stock holdings valued at $1.1 trillion.
SpaceX released its IPO registration, revealing Elon Musk’s 6.4 billion shares, valued at $830 billion based on private trades. SpaceX just filed its S-1 with the SEC, and when the company’s IPO launches next month, the billionaire entrepreneur could become the world’s first trillionaire. We’re talking about wealth so massive that if you stacked a trillion dollars in bills, it’d reach 67,866 miles into space. That’s beyond the moon. That’s beyond comprehension. The company is targeting a $2 trillion valuation, which would instantly add roughly $630 billion to Musk’s current net worth of $667 billion.
For context, if you divided a trillion dollars evenly among every American, each person would get around $3,030. Musk’s about to have enough money to give that amount to every single person in the country and still have hundreds of billions left over. Even if he spent a million dollars every single day for the rest of his life, it’d take him nearly 2,739 years to burn through a trillion.
SpaceX made $18.6 billion in revenue last year, up 33 percent from the previous year, and Starlink’s subscriber base jumped from 5 million to 10.3 million in just twelve months.