Sources: 
Elon Musk has officially become the world’s first trillionaire with an estimated net worth of
$1.11 trillion following SpaceX's record-breaking public debut.
This milestone marks a significant rise, as in January 2020, he was the 35th richest person with around
$28 billion.
Musks wealth skyrocketed as both
Tesla and
SpaceX experienced rapid growth, propelling him to the top of global wealth rankings.
As of now, Musk is nearly
four times richer than his closest competitor,
Larry Page, and over
five times richer than Mark Zuckerberg of Meta.
Currently, Musk holds a
12% stake in Tesla, which has a market valuation of about
$1.5 trillion, and a
42% stake in SpaceX, valued at over
$2 trillion.
Musk’s previous wealth trajectory includes a dip in
2022, following a downturn in U.S. tech stocks, yet his recent surge underscores the volatile nature of the tech industry's wealth.
Sources: 
Elon Musk has become the world's first trillionaire after a record-breaking debut of SpaceX on the stock market, with an estimated net worth now at $1.11 trillion, surpassing tech billionaires like Jeff Bezos and Larry Page, according to Bloomberg.
