Elon Musk created history: completed the journey of one trillion, acquired more wealth than the economy of many countries
Elon Musk: A new record has been registered in the name of Elon Musk. He has become the world’s first trillionaire. Musk’s personal wealth has reached equal to the world’s 22nd largest economy. After the historic IPO of SpaceX, Musk’s net worth has reached more than 1 trillion dollars, which is unimaginable. Now Musk’s wealth is directly related to the gross economy (GDP) of many countries.
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Elon Musk’s wealth has become so big that it exceeds the economy of many countries in the world. Currently only 21 countries have GDP of more than 1 trillion dollars. Musk’s personal wealth has reached equal to the world’s 22nd largest economy. The world’s richest man Elon Musk has set a new record. After the historic IPO of SpaceX, Musk’s net worth has reached 1 trillion dollars i.e. more than 1 trillion dollars. With this achievement Musk has become the world’s first trillionaire. According to media reports, SpaceX has raised $75 billion through its IPO. After this historic listing, the valuation of the company increased rapidly and Musk’s net worth has now exceeded $ 1.1 trillion. Before the IPO, Forbes had estimated his wealth at around $780 billion.
If reports are to be believed, Elon Musk currently has a net worth of around $273 billion (Rs 25.93 lakh crore) as the CEO of Tesla. According to Bloomberg, according to his stake in all his companies, his total net worth is around $703 billion. But the real gamechanger is the IPO of his rocket and AI company SpaceX.
Rocket and satellite maker SpaceX has raised $75 billion from its IPO by selling 555.6 million (555.6 million) shares. After this huge investment, the total valuation of the company has reached $1.77 trillion (Rs 168.15 lakh crore). This is the biggest IPO ever in the history of the stock market. Musk holds almost half the shares of the company, so this IPO has directly increased his wealth by $ 841 billion (Rs 79.89 lakh crore). Including these two companies, their total wealth has reached 1.11 trillion dollars (Rs 105.45 lakh crore).
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