Bernie Sanders Blasts Musk Becoming World’s First Trillionaire After SpaceX IPO
BreakingBusinessBernie Sanders Blasts Musk Becoming World’s First Trillionaire After SpaceX IPOByAntonio Pequeño IV,Forbes Staff. Pequeño is a breaking news reporter who covers tech and more.Follow AuthorJun 12, 2026, 02:02pm EDTToplineElon Musk became the world’s first trillionaire Friday following SpaceX’s initial public offering, drawing criticism from progressive lawmakers, some of whom renewed calls for taxes on the wealthy and changes to Social Security.Sanders said Musk becoming a trillionaire was an "absurdity."(Photo by Chip Somodevilla/Getty Images)Key FactsSen. Bernie Sanders, I-Vt., who has long advocated for wealth taxes to help fund public programs, characterized Musk’s trillionaire status as an “absurdity” and called for an increase on the cap for taxable income.This is a developing story and will be updated.Got a tip? Share confidential information with Forbes.Editorial StandardsReprints & PermissionsLOADING VIDEO PLAYER...FORBES’ FEATURED Videoالمصدر: Forbes Business | Source: Forbes Business
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