Economy
Elon Musk on Track to Become First Trillionaire in History
SpaceX's record-breaking IPO is expected to make Elon Musk the world's first trillionaire, with a fortune that could surpass the wealth of Gilded Age titans like Rockefeller and Carnegie. The massive IPO values the rocket-and-AI company at $1.77 trillion, and Musk's 42% stake could be worth up to $866.5 billion. The milestone comes amid growing global inequality and renewed debate over concentrated wealth.