WASHINGTON, June 12. /Dunyo IA/. Entrepreneur Elon Musk has become the first person in the world whose net worth exceeded 1 trillion U.S. dollars, reports Dunyo IA correspondent.

According to “Reuters” estimates, the sharp surge in wealth occurred against the backdrop of an initial public offering (IPO) of SpaceX, which brought the company 75 billion dollars, causing his capital to grow to more than 1.1 trillion dollars.

The listing became one of the largest in the history of the technology sector, confirming high investor interest in the projects of Elon Musk, who plans to send humans to Mars by 2030.

It is worth noting that prior to the IPO, “Forbes” estimated the businessman's net worth at approximately 780 billion dollars. Following the revaluation of assets and the start of trading in SpaceX shares, his capital increased significantly.

SpaceX remains the primary source of Musk's wealth. The value of his stake in the company is estimated at around 866 billion dollars. A significant portion of his wealth is also formed by shares in the electric vehicle manufacturer Tesla and other assets. In recent years, additional attention was drawn to the entrepreneur by his 44 billion dollar purchase of the social network Twitter in 2022.

Elon Musk remains one of the most discussed figures in global business. Supporters call him an innovator reshaping entire economic sectors, while critics point to a high concentration of influence and controversial management methods.

Analysts note that Tesla's success has been a key factor in accelerating the global automotive industry's transition to electric vehicles. The company's market value already exceeds 1 trillion dollars.

Photo by “Reuters” news agency