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Economy07:50 · Jun 17

Musk Becomes the World’s First Trillionaire After SpaceX Listing Delivers Historic Wealth Jump

By דני שפיץ
Translated & summarized from Kikar HaShabbat by baba
The story · English

Elon Musk has become the world’s first trillionaire after a huge SpaceX listing sent his fortune soaring. On Tuesday, he added an estimated $164.8 billion in a single trading day, a gain larger than Warren Buffett’s entire net worth, which is about $146 billion.

The article says Buffett spent 70 years building his empire, while Musk amassed a similar amount in just 24 hours of trading. Following SpaceX’s successful June 2026 offering, Musk’s net worth is now estimated at about $1.3 trillion.

That figure is described as roughly equal to the combined wealth of the next five richest people after him, Larry Page, Sergey Brin, Jeff Bezos, Larry Ellison and Michael Dell. The piece also notes that if Musk’s wealth were treated as GDP, it would rank 20th in the world, ahead of many national economies.

Most of Musk’s wealth now comes from his stake in SpaceX, whose market value reached about $2.6 trillion in just three trading days. He also owns about 11% of Tesla, valued at around $1.52 trillion and now focused on artificial intelligence and robotics. His other holdings include Neuralink, valued at about $3.42 billion, and The Boring Company, valued at about $3.33 billion.

Read the original at Kikar HaShabbat
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