Elon Musk makes history as world's first trillionaire

Elon Musk, CEO of Tesla and SpaceX, has become the first individual to achieve a net worth exceeding $1 trillion, according to a CNN report. This historic milestone follows the successful public listing of SpaceX, whose shares surged 22% to $165, giving the company a market value of over $2 trillion. Before the IPO, Musk's fortune was estimated at $813 billion, more than double that of Larry Page, the world's second-richest person. SpaceX now ranks as the sixth-largest publicly traded company in the US, behind Nvidia, Alphabet, Apple, Microsoft, and Amazon, and oversees major ventures such as Starlink and xAI.