Is Musk Set to Become Humanity's First 'Trillionaire'?

It is becoming increasingly certain that Elon Musk (54), the world's wealthiest person, will become humanity's first "trillionaire" following the public offering of SpaceX, the aerospace company he founded.

According to the Bloomberg Billionaires Index, Musk's net worth is estimated at $971 billion (approximately 1,476 trillion won) as of June 12.

The index explained that his net worth increased by $274 billion from the previous day, as it valued his stake in SpaceX based on the initial public offering (IPO) price of $135 per share.

The New York Times (NYT) reported that Musk's stake in SpaceX is valued at approximately $690 billion based on the IPO price, while his stake in Tesla is valued at about $279 billion.

Through dual-class stock structures and other means, Musk will retain 84% of the voting rights even after SpaceX goes public.

Musk holds approximately 11% of Tesla, excluding 96 million shares of restricted stock tied to performance conditions.

This means that if the stock price of SpaceX rises even slightly after its market debut, Musk will become a trillionaire in U.S. dollar terms.

This would mark the birth of a trillionaire—a title so unprecedented that the word itself remains unfamiliar in human history.

Musk had already established his reputation as the world's richest person even before the SpaceX IPO.

The combined assets of the second-richest person, Oracle founder Larry Ellison, the third, Alphabet co-founder Larry Page, and the fourth, Google co-founder Sergey Brin, do not even equal the wealth of Musk alone.

While famous as the founder and CEO of Tesla and SpaceX, Musk also founded the tunneling startup The Boring Company and the brain implant manufacturer Neuralink.

He also established the artificial intelligence (AI) startup xAI, which recently merged with SpaceX.

His influence grew even further in 2022 when he acquired the social media platform Twitter for $44 billion.

(Photo: Getty Images)
※ Please note: This article was translated by AI and may contain errors.