Elon Musk is world's first trillionaire.

23,670 Views | 347 Replies | Last: 7 days ago by Scruffy
ProgN
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https://www.cnbc.com/2026/06/12/elon-musk-trillionaire-spacex.html

Quote:

Elon Musk just became the world's first trillionaire.

With SpaceX
opening on the Nasdaq at $150 a share Friday, his stake in the company is worth more than $766 billion. Combined with his Tesla stake, which is worth $280 billion, Musk's net worth from both companies as of Friday is roughly $1.05 trillion.

The SpaceX IPO added more than $180 billion to Musk's fortune. He's now worth more than the next five richest billionaires in the world combined. His personal net worth is larger than the national GDPs of Taiwan, Ireland or Sweden.

Musk's coronation as the first person in history to be worth $1 trillion is likely to add fuel to the debate over wealth inequality and the rise in power and wealth of America's richest tech founders.

Someone should make an AI video of Bernie Sanders but now have him rail against billionaires and trillionaires.
BusterAg
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AG
The 1980s to 2000s belonged to the jocks and frat boys.

The 2000s to 2020s belonged to the geeks and nerds.

If Musk is any bell weather, the 2020s to 2040s will belong to the mildly autistic.

Never underestimate the power of weaponized autism.

2040+ will belong to whoever owns the machines, until the machines revolt to own themselves, and are destroyed in the coming Butlerian Jihad.
SECond2noneAgs
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AG
*World's first traceable trillionaire
pfo
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AG
Elon Musk is a national treasure. His purchase of Twitter has been the single largest boost for free speech since the Bill of Rights. His DOGE discovery of the rampant fraud in government should have a huge impact. Self driving cars, reusable rockets, cheaper launches, data centers in space, Optimus robots building a moon base, colonizing Mars, Nuralink, Starlink and I'm sure I'm leaving out many more accomplishments and objectives.

Compare the works of a conservative, capitalist genius engineer to the vitriol of Bernie Sanders and Liz Warren who have accomplished nothing except making themselves rich! Or even Howard Schultz who rails against capitalists while charging $9 bucks for a bg cup of coffee. How did Howard Schultz help poor people!
centerpole84
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If he lives in California, he'll owe them 52.5 Billion after they pass their millionaire tax!
Rapier108
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I wonder how long until we hear Bernie change his stump speech to "billionaires and trillionaires!"
"If you will not fight for right when you can easily win without blood shed; if you will not fight when your victory is sure and not too costly; you may come to the moment when you will have to fight with all the odds against you and only a precarious chance of survival. There may even be a worse case. You may have to fight when there is no hope of victory, because it is better to perish than to live as slaves." - Sir Winston Churchill
ProgN
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centerpole84 said:

If he lives in California, he'll owe them 52.5 Billion after they pass their millionaire tax!

He lives in Texas and has incorporated all his companies in Texas as well.
ErnestEndeavor
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The SpaceX valuation is ludicrous from a fundamentals standpoint. This is a stock that would have never even been allowed on the NASDAQ had the NASDAQ not capitulated and changed their own rules to allow it. ETF funds and retail investors are going to be hosed.
TAMUallen
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AG
BusterAg said:

The 1980s to 2000s belonged to the jocks and frat boys.

The 2000s to 2020s belonged to the geeks and nerds.

If Musk is any bell weather, the 2020s to 2040s will belong to the mildly autistic.

Never underestimate the power of weaponized autism.

2040+ will belong to whoever owns the machines, until the machines revolt to own themselves, and are destroyed in the coming Butlerian Jihad.



TexAgs might win until 2040... we're all a little off
4
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AG
So his stake in SpaceX is worth $766 billion, but it only added $180 billion to his net worth?

Huh?
BonfireNerd04
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BusterAg said:

If Musk is any bell weather, the 2020s to 2040s will belong to the mildly autistic.

Never underestimate the power of weaponized autism.


With smartphone addiction stunting Gen Z's social skills, how would we tell who's autistic?
The Collective
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AG
4 said:

So his stake in SpaceX is worth $766 billion, but it only added $180 billion to his net worth?

Huh?


It already had a valuation, I'd assume. Did I misread?
2ndGen87
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Is the entire Democratic party built on coveting thy neighbors wealth?
TAMUallen
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4 said:

So his stake in SpaceX is worth $766 billion, but it only added $180 billion to his net worth?

Huh?


IIRC Musk hasn't been paid and has his worth tied up in ownership for tax purposes so his previous net worth would've been calculated off of company valuations
fixer
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I'll never be a trillionaire.

But I'm proud AF that in America you can become one.

So awesome.
LMCane
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2ndGen87 said:

Is the entire Democratic party built on coveting thy neighbors wealth?

infinity ag
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Time to tax Musk into Bolivian to pay off aaaaaaaallll our debts
LMCane
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it's the most amazing thing what despicable and miserable people the modern day socialists have become

if you are patriotic- wouldn't you WANT the country to be filled with rich people?

wouldn't you WANT to have rich friends to swim in their pools and hang out in their mansions?

what non-idiot prefers everyone to be living in a ghetto slum?!?!

but in reality- the SOCIALIST POLITICIANS are all millionaires themselves hanging out with millionaires

they are just like the Soviet Communists in 1917 or the German National Socialists in 1932.
infinity ag
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fixer said:

I'll never be a trillionaire.

But I'm proud AF that in America you can become one.

So awesome.


My goals are modest. Just $25 Million.
And in America you can get there.
Viper16
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SECond2noneAgs said:

*World's first traceable trillionaire

Probably so..........

I do think that French guy Louis XIV, the Sun King, had a nickel or two in the bank when the Palace of Versailles was completed.

It would be nice to know what his net worth was in today's dollars.

Maybe we have an Aggie wizard that can convert it.

TIA
The two most dangerous domestic terrorists groups in the USA are the modern democrat party and the main stream media.
Class of ‘73
F-16 FWS
Desert Ag
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With Starbase in Boca Chica, Solar panel manufacturing in Bastop and proposed Terafab in Grimes County, I'm thinking Kyle Field at X Stadium has a nice ring to it.
Vox Clamantis
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ErnestEndeavor said:

The SpaceX valuation is ludicrous from a fundamentals standpoint. This is a stock that would have never even been allowed on the NASDAQ had the NASDAQ not capitulated and changed their own rules to allow it. ETF funds and retail investors are going to be hosed.

everything is ludicrous from a fundamental perspective now.

It's all hype and theoretical future hype.
Squadron7
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2ndGen87 said:

Is the entire Democratic party built on coveting thy neighbors wealth?

Yes.

But there is more to it than that....



AgGrad99
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AG

Quote:

Musk's coronation as the first person in history to be worth $1 trillion is likely to add fuel to the debate over wealth inequality and the rise in power and wealth of America's richest tech founders.


Why would it?

He earned that money, and because he did...he's generated billions into our economy, and employed thousands upon thousands of people directly and indirectly.

We need more rich people like him, who are the engine to our economy.
Im Gipper
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Best of all our heroic CEOs!!

I'm Gipper
Spergin
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ErnestEndeavor said:

The SpaceX valuation is ludicrous from a fundamentals standpoint. This is a stock that would have never even been allowed on the NASDAQ had the NASDAQ not capitulated and changed their own rules to allow it. ETF funds and retail investors are going to be hosed.


Space X has a near monopoly in various fields. If you cannot see how it's a unique company then you're delusional. It will be a monster in 10 years at most.
lb3
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AG
SECond2noneAgs said:

*World's first traceable trillionaire
Xi says hi.
Viper16
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AG

This eerily reminds me of visionary billionaire Peter Weyland, founder of the Weyland Corporation.

Are we seeing a movie character playing out in real life today?

X does follow W....

The two most dangerous domestic terrorists groups in the USA are the modern democrat party and the main stream media.
Class of ‘73
F-16 FWS
Zachary Klement
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AG
Squadron7 said:

2ndGen87 said:

Is the entire Democratic party built on coveting thy neighbors wealth?

Yes.

But there is more to it than that....





This is such a fascinating phenomenon.

The people who rail the most against wealth inequality are people like Kimmel, Billie Eilish, Lewis Hamilton, or Bernie Sanders, people who are all incredibly rich.
TAMUallen
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Vox Clamantis said:

ErnestEndeavor said:

The SpaceX valuation is ludicrous from a fundamentals standpoint. This is a stock that would have never even been allowed on the NASDAQ had the NASDAQ not capitulated and changed their own rules to allow it. ETF funds and retail investors are going to be hosed.

everything is ludicrous from a fundamental perspective now.

It's all hype and theoretical future hype.


Is it though? Launches are huge money without even touching starlink. Space mining on asteroids could flip entire monetary systems
BigN--00
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ProgN said:

https://www.cnbc.com/2026/06/12/elon-musk-trillionaire-spacex.html

Quote:

Elon Musk just became the world's first trillionaire.

With SpaceX
opening on the Nasdaq at $150 a share Friday, his stake in the company is worth more than $766 billion. Combined with his Tesla stake, which is worth $280 billion, Musk's net worth from both companies as of Friday is roughly $1.05 trillion.

The SpaceX IPO added more than $180 billion to Musk's fortune. He's now worth more than the next five richest billionaires in the world combined. His personal net worth is larger than the national GDPs of Taiwan, Ireland or Sweden.

Musk's coronation as the first person in history to be worth $1 trillion is likely to add fuel to the debate over wealth inequality and the rise in power and wealth of America's richest tech founders.

Someone should make an AI video of Bernie Sanders but now have him rail against billionaires and trillionaires.

I've been Thinking about your last comment since Clay & Buck brought it up a few minutes ago (whichever one's on the air today). This is an unfathomable amount of wealth. This post really isn't about policy, it's about understanding truly how much money thi is.

If Elizabeth Warren's 2% wealth tax went into effect, poor Elon would only have $1,029,000,000,000. I keep pointing people to this website: https://eattherichtextformat.github.io/1-pixel-wealth/ But I want to try another tact, so I had AI run some numbers for me. I put in my dream life.

Let's play Brewster's Millions. Pretend you're 18 and someone hands you just ONE billion dollars one one-thousandth of Elon money. And I want to spend it lavishly, but not stupidly. . Just everything I could think that me or my hypothetical family could want.

First, i invest it about as cautiously as a human being can 3.5% a year, the kind of safe, boring return that barely outruns inflation. Then I started spending.

Three homes outright ($25 to $30 million. plus a few million to furnish them): a Hill Country estate, a place on Lake Tahoe, a beach house in Florida. A dozen-plus cars ($2.5) across all three. A small plane ($5) to get around Texas. A boat for the lake. A wine cellar, a bourbon collection, golf memberships, the works. Blow out wedding with Harry Connick, Jr (for the wife). Call it all about $50 million, and now I am done with the big stuff.

Three kids private school straight through the most expensive colleges, Disney trips, every ATV and toy they could want, extravagant birthday parties. Annual trips all over the world. You fly the family first class around the world. Aggie Football suite, and any other concert or sporting event. You gamble big enough that the casino sends a personal host and comps the suite. $5 million check to charity every year, for the rest of my life. Insurance. Wife has a million a year.

Add all of that up and you're spending somewhere around $18 to $20 million a year, every year, trying my best to absolute best to enjoy it.

That conservatively-invested billion throws off about $33 million a year in interest. Even after $8 million a year in income taxes, i am still not actively spending the original billion. I'm not even even actively spending the all of the interest. Even after a lifetime of mansions, private jets, monthly parties, three thoroughly spoiled kids, and tens of millions handed to charity I would still die with more than I started. .

And that's ONE billion.

Elon has a THOUSAND of them. A thousand of the exact thing you couldn't reasonably exhaust in a lifetime of dedicated, joyful, creative spending.

Someone on this board is going to say that I am envious of his wealth. It's not envy, its the reality of a world were one many has so much more than he needs that it is almost impossible to fathom.

And that scary 2% wealth tax everyone clutches their pearls over? .The tax wouldn't slow him down enough to notice.

Go to this website. Scroll the whole way to the end. Try to fathom how much money a trillion is if a single pixel is $1,000.

https://eattherichtextformat.github.io/1-pixel-wealth/

And I didn't even get to the part were DOGE did a great job dismantling all of the regulatory agencies overseeing his companies.
ErnestEndeavor
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It wouldn't bother me so much if it wasn't now baked into so many people's retirement savings whether they want it or not. An unprofitable company like this with such a huge, overpriced valuation getting on an exchange is a massive risk for the average middle class saver and institutional investors.

And the best thing about all of this is that the rules have been changed so that insiders will be allowed to sell the stock quickly instead of the traditional waiting period after an IPO. So get ready for the pump and dump.
BigN--00
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AG
Zachary Klement said:

Squadron7 said:

2ndGen87 said:

Is the entire Democratic party built on coveting thy neighbors wealth?

Yes.

But there is more to it than that....





This is such a fascinating phenomenon.

The people who rail the most against wealth inequality are people like Kimmel, Billie Eilish, Lewis Hamilton, or Bernie Sanders, people who are all incredibly rich.

It took me a while to finish my post, so posts like this got out firs, but go look at it. It answers your question nicely. This people are all paupers compared to Elon.
Kozmozag
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Just think, Bernie and the dems could kill Musk, confiscate his wealth(the richest man in the world) and almost cover the budget deficit for this year. If you killed all our billionaires you might drop our debt down to 39 trillion.
LMCane
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infinity ag said:

Time to tax Musk into Bolivian to pay off aaaaaaaallll our debts

pretty sure we owe 32 trillion

so if we take all Elon's money

we only have a 31 trillion debt!!
 
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