Elon Musk poised to make history as world's first trillionaire

Author: Erin Hale, John PowerPublished on: June 12, 2026Country: United States
Business & EconomyTechnology
Elon Musk poised to make history as world's first trillionaire

Elon Musk is set to become the world's first trillionaire after SpaceX's IPO on the Nasdaq, with a valuation of $1.77 trillion. His 42% stake in the rocket-and-AI company is worth between $743 billion and $866.5 billion, on top of his current $696 billion fortune. Musk will far surpass Google co-founder Larry Page, the second-richest man with $304 billion. According to Oxfam, spending $1 million daily would take 2,740 years to exhaust $1 trillion.

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Yaoundé: The 10th edition of Promote, International Trade Fair for Business, SMEs and Partnerships opens its doors
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Yaoundé: The 10th edition of Promote, International Trade Fair for Business, SMEs and Partnerships opens its doors

The 10th edition of the Promote International Trade Fair for Business, SMEs and Partnerships opened on June 12, 2026, at the Yaoundé Congress Palace under the theme 'private enterprises and business environment: what benchmarks in the face of national and international economic challenges?'. Organized by the Fondation Inter-progress, mandated by the Cameroonian government, the event runs until June 21, 2026. Pierre Zumbach, senior advisor of the foundation, noted that registrations were slow but the site is now full, promising a successful fair. The event features a large exhibition, conferences, workshops, business meetings, and entertainment.

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