Elon Musk On Track To Be World’s First Trillionaire After Latest Move
Elon Musk's SpaceX is set to go public, potentially making him the world's first trillionaire. The company estimates its initial public offering could value it at $1.75 trillion, significantly higher than previous records. Musk will retain a majority stake and continue to lead the company as CEO and chairman after the IPO.
- ▪SpaceX filed paperwork with the SEC for an initial public offering.
- ▪The IPO could value SpaceX at $1.75 trillion, surpassing the previous record held by Saudi Aramco.
- ▪Musk currently has a net worth of $811 billion and will retain 42% of SpaceX after the IPO.
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Business Elon Musk On Track To Be World’s First Trillionaire After Latest Move Photo by Brendan SMIALOWSKI / AFP via Getty Images Arianna Hooker Contributor May 21, 2026 2:35 PM ET May 21, 2026 2:35 PM ET Arianna Hooker Contributor Font Size: const observer = new MutationObserver((mutations) => { const adDivToHide = document.querySelector("#dailycaller_incontent_1"); if (adDivToHide && dc_noads_page) { adDivToHide.classList.add("hide-premium", "hide-free"); observer.disconnect(); console.log("Ad div found and hidden"); } }); observer.observe(document.body, { childList: true, subtree: true }); Elon Musk’s SpaceX filed to go public in what could become the largest initial public offering in history and make the billionaire the world’s first trillionaire.
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