Africa: Elon Musk's fortune surpasses the two largest economies combined – La Nouvelle Tribune

Author: Gildas AmoussouPublished on: June 13, 2026Country: United States
Business & EconomyTechnology
Africa: Elon Musk's fortune surpasses the two largest economies combined – La Nouvelle Tribune

On June 12, 2026, Elon Musk's personal fortune reached approximately $1.1 trillion, surpassing the combined GDP of South Africa and Egypt (between $900 and $920 billion). This increase is due to SpaceX's IPO on the Nasdaq, valuing the company at $1.77 trillion. Musk's 42% stake in SpaceX boosted his net worth, while the IMF will update these comparisons in the coming months.

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