Elon Musk Nears Trillionaire Status
Elon Musk Nears Trillionaire Status
https://seattlemedium.com/elon-musk-trillionaire-wealth/
Publish Date: 2026-06-08 10:00:00
Source Domain: seattlemedium.com
SpaceX CEO Elon Musk provides an update on the development of the Starship spacecraft and Super Heavy rocket back in 2022. The plans for SpaceX to sell shares to the public would make Musk the world’s first trillionaire. (Jonathan Newton/The Washington Post/Getty Images via CNN Newsource)
By Chris Isidore, CNN
(CNN) — Elon Musk is poised to become the world’s first trillionaire. It’s a staggering amount of wealth never seen before in the history of human commerce.
Musk already owns $273 billion in stock and options thanks to his role as Tesla CEO. But if the initial public offering of SpaceX—his rocket and artificial intelligence company—goes as planned next week, he could soon be worth an additional $841 billion. (He would own nearly half the stock of SpaceX, which the IPO is on track to value at $1.77 trillion in total.) All told, that’s $1.11 trillion for Musk from just his two public companies.
However, Musk’s wealth is paper wealth, not a pile of cash in a bank somewhere. All of it is subject to how investors continue to value his companies, Tesla and SpaceX, going forward.
One trillion dollars is one million million dollars. That would be impossible to spend in any reasonable manner in one lifetime. If one were to spend $1 million every hour every day, it would still take more than a century to spend $1 trillion.
To help put it in context, here are six things that are (soon) to be worth less than Elon Musk.
The economies of most countries
Across the globe, only 20 countries have economies that are larger than $1.1 trillion, according to the International Monetary Fund. That means the vast majority of the world’s nations have an economy worth less than Musk.
Among them are Taiwan ($977 billion), Ireland ($779 billion) Sweden ($760 billion) and Singapore ($660 billion), along with Musk’s native South Africa ($480 billion).
The economy of Manhattan
Of course, you don’t have to go overseas to find…
