Elon Musk loses trillionaire status World’s first trillionaire is no longer a trillionaire!SpaceX founder Elon Musk lost his trillionaire status after a sharp sell-off in Tesla and SpaceX shares pushed the world’s richest person back below the 13-figure mark. According to Bloomberg’s Billionaires Index, Musk’s net worth has fallen to $957 billion. This comes after…
Elon Musk became the world’s first trillionaire after successful SpaceX IPO but the richest man in the world wants you to know that money will eventually become completely useless. During a recent interview with Peter Diamandis, an entrepreneur and executive chairman of the XPrize Foundation (via Fortune), Musk laid out a “moonshot” vision of a…
Elon Musk’s mother, Maye, reveals his immense wealth stems not from a desire for riches, but from a mission to “save the planet” and explore other worlds. This ambition, she explains, necessitated the billions. Close associates echo this sentiment, noting Musk’s focus on humanity’s future over personal gain, even leading him to forgo possessions. Elon…
Elon Musk’s rise to becoming the world’s first trillionaire has been powered not just by investors and technology breakthroughs, but significantly by years of US government support, according to analysis of SpaceX and Tesla’s early growth and financing.From Nasa contracts that kept SpaceX alive to federal loans, tax credits and regulatory programmes that boosted Tesla,…
Elon Musk is famous for three things: his staggering wealth, revolutionary tech, and predictions that sound straight out of a sci-fi script. With the SpaceX initial public offering on 12 June 2026, Elon Musk has become the world’s first (and only) trillionaire, with his net worth exceeding $1 trillion. The world saw it coming, but…
Elon Musk has become the world’s first trillionaire on Friday after SpaceX made its stock market debut on Nasdaq.The company’s shares jumped over 21 per cent shortly after listing, lifting Musk’s estimated fortune above the $1 trillion mark, according to Bloomberg. The bulk of his wealth exists on paper, rather than cash, derived primarily from…
TOI correspondent from Washington: Move over kings, emperors, oil sheikhs, and that uncle who insists he bought Apple or Nvidia 25 years ago but somehow still drives a 2002 Toyota Corolla or Maruti Suzuki. The world has a new financial life-form: Elon Musk, the first person to breach the previously mythical $1 trillion net worth…
