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Elon Musk is the world's first ever trillionaire after the initial
offering (IPO) of SpaceX. The IPO added
$870 billion to his wealth. In
, he has also amassed $290 billion from Tesla. He also has eye-
equity in X and other companies. Mr Musk is now
more than the world's next four richest people combined. Most of Musk's
wealth is tied up in stocks across his business ventures, rather than in
. SpaceX's IPO was the largest in
. It raised $75 billion. It beat the
record of $29.4 billion set by the
company Aramco in 2019.