Elon Musk on way to becoming world's 1st trillionaire
Digest more
“Elon Musk is now personally worth 7,400,000 BTC,” Burnett wrote, adding, “The fastest way for Elon to hit $1 trillion would be to begin buying BTC in size. And he can continue using that capital as collateral to build space and AI companies, while the collateral continues to appreciate measured in USD.”
The SpaceX CEO just woke up $168 billion richer and set the bar for the first person estimated to be worth more than $600 billion.
It is rare for the richest person or the richest family to double the wealth of the next richest. Bill Gates achieved this in 1999 when he reached $90 billion
Elon Musk is considering floating SpaceX on the stock exchange in 2026, with Wall Street bankers being interviewed for what could be a blockbuster IPO.
9hon MSN
A SpaceX IPO could be the largest public offering of all time—and Elon Musk’s biggest headache
The SpaceX public offering could very well be the largest public offering of all time—bringing in even more money than Saudi Aramco’s cosmic $29 billion public listing in 2019. And with the rocketing costs (pun intended) that SpaceX would rack up as it paves the way for more test flights for the mega-rocket Starship it wants to send to Mars,
OpenAI overtook SpaceX as the most valuable private company. SpaceX could soon reclaim the title. It's the latest in the rivalry between Musk and Altman.
More than 20 years after founding SpaceX, the record-breaking company that transformed the global space industry, Elon Musk is planning to take the enterprise public.