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International Business Times
International Business Times
Business

Elon Musk To Become World's First Trillionaire: Report

Elon Musk Gautam Adani
Elon Musk speaks at the Milken Institute's Global Conference at the Beverly Hilton Hotel on May 6, 2024. (Credit: Apu Gomes/Getty Images)

The world's richest man, Elon Musk, is on track to become the first trillionaire in 2027, according to the Informa Connect Academy's 2024 Trillion Dollar Club report.

Musk continues growing his net worth, which currently stands at $251 billion per the Bloomberg Billionaires Index, by serving as the CEO of Tesla, an automotive and clean energy company he co-founded, SpaceX, a rocket and spacecraft manufacturer, and the CEO of X aka Twitter, which he purchased for $44 billion in 2022.

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