Will SpaceX IPO make Elon Musk a trillionaire?

Key points

• He is already the richest man in the world, but when SpaceX finally makes its hotly anticipated stock market debut, Elon Musk could become the planet's first trillionaire.
• Forbes magazine on Tuesday estimated Musk's net worth at nearly $835 billion, as compared with $342 billion in its annual rich list in March 2025. He is far beyond Google co-founder Larry Page, who is second at $298 billion.
• SpaceX's market debut, expected around June 12, will "all but guarantee his net worth rising above $1 trillion," Forbes said in early April, when the company first filed to list on the Nasdaq.
• The valuation of the company, founded in 2002, is expected to range from $1.7 trillion to $2 trillion, up from a range that topped out at $1.5 trillion in March.
• On Tuesday, platforms for trading unlisted shares valued the group at about $1.5 trillion, with an individual share going for...