Elon Musk is set to become the world’s first trillionaire. Democrats are taking aim.
Elon Musk is on track to become the world's first trillionaire with the upcoming IPO of SpaceX. This milestone has drawn significant criticism from progressive politicians who highlight the growing wealth gap in America. As the midterm elections approach, Musk's wealth is becoming a focal point for discussions on income inequality.
- ▪Elon Musk is expected to become the world's first trillionaire when SpaceX goes public on June 12.
- ▪Progressive politicians are intensifying their criticism of Musk, linking his wealth to the issue of income inequality.
- ▪Musk's wealth is being used as a talking point in political campaigns, with calls for taxing the rich gaining traction.
Opening excerpt (first ~120 words) tap to expand
Elon MuskElon Musk is expected to become the world’s first trillionaire. Democrats are taking aim.Move over millionaires and billionaires. A new entry to the political lexicon is spreading on the campaign trail.Listen to this article with a free account00:0000:00Elon Musk is expected to become the world's first trillionaire upon SpaceX's IPO.Chelsea Stahl / NBC News; Getty ImagesShareAdd NBC News to GoogleJune 3, 2026, 5:00 AM EDTBy David IngramProgressive politicians are sharpening their attacks against tech tycoon Elon Musk, zeroing in on his soon-to-be-trillionaire status days before his company SpaceX’s record-setting initial public offering.Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content.Musk, the wealthiest person in the world, is…
Excerpt limited to ~120 words for fair-use compliance. The full article is at NBC News — Top.