Musk Hits Trillion-Dollar Milestone
12 June 2026

Musk Hits Trillion-Dollar Milestone

Dallas News Today | 2 Min News | The Daily News Now!

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Elon Musk just became the first person ever to hit a trillion-dollar net worth, thanks to SpaceX’s IPO which surged past $135 per share—boosting his fortune to $1.14 trillion. Already worth $813 billion before the stock debut, Musk now outpaces the next richest person by more than double, and his wealth exceeds the entire GDP of 19 countries. With ambitions to colonize Mars and beyond, Musk’s staggering riches have sparked debate about inequality, as his fortune dwarfs the combined wealth of 3.8 billion people. The financial world is watching closely to see if this trillion-dollar milestone is here to stay.




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