Elon Musk has once again pushed the boundaries of wealth, becoming the world's first trillionaire following the blockbuster IPO of SpaceX. The rocket, satellite, and artificial intelligence giant raised a record-breaking $75 billion in its initial public offering, propelling Musk's estimated net worth to around $1.1 trillion, according to Forbes.
The milestone places Musk far ahead of the next richest individual, Alphabet co-founder Larry Page, whose fortune is estimated to be around $300 billion.