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Elon Musk becomes world's first trillionaire as SpaceX soars in stock market debut

BBC News·June 12, 2026
Elon Musk becomes world's first trillionaire as SpaceX soars in stock market debut

Elon Musk has become the world's first trillionaire, with a net worth of $1.11 trillion, according to the Bloomberg rich list. His wealth surge is largely attributed to the successful stock market debut of SpaceX, which listed on the Nasdaq stock exchange. SpaceX's valuation has reached $2.2 trillion, significantly contributing to Musk's historic milestone. Musk's trillionaire status solidifies his position as one of the wealthiest individuals globally.

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