Forbes Declares Elon Musk As The World’s First Trillionaire
BusinessForbes Declares Elon Musk As The World’s First TrillionaireByForbes Press Releases,Forbes Staff.for Forbes Corporate Communications TeamFollow AuthorJun 12, 2026, 12:02pm EDT--:-- / --:--This voice experience is generated by AI. Learn more.This voice experience is generated by AI. Learn more.SpaceX began trading on the Nasdaq Friday, boosting Musk’s fortune to an estimated $1.1 trillionForbes Declares Elon Musk as the World’s First Trillionaire Elon Musk by Patrick Pleul, AFP, Getty ImagesNEW YORK – June 12, 2026 – On Friday, Forbes declared Elon Musk as the world’s first trillionaire, as SpaceX’s stock began trading on the Nasdaq at $150 per share, giving the company a nearly $2 trillion market cap. Forbes estimates that the IPO has boosted Musk’s fortune to $1.1 trillion, as of Friday morning. His net worth rose by $188 billion to an estimated $982 billion on Thursday evening, when SpaceX priced the IPO at $135 per share. Looking at Musk’s wealth portfolio, the SpaceX chairman, CEO and chief technical officer, owns 4.8 billion shares of SpaceX, worth $715 billionCK, and has another 350 million stock options worth $50 billion, giving him a 38% stake in the company. Learn more about the breakdown of Musk’s wealth in this story published today: SpaceX’s IPO Just Made Elon Musk The World’s First Trillionaire.Musk first debuted on Forbes’ annual World’s Billionaires list in 2012, with an estimated $2 billion fortune, making him the 634th-richest person in the world. From there, it only took Musk just nine years to become the world’s wealthiest person for the first time in January 2021 as Tesla’s shares soared, propelling Musk past Bezos for the No. 1 spot. Read more about the history of the Forbes World’s Billionaires list and the journey to Musk becoming a trillionaire here. “Elon Musk’s ascent to a $1 trillion fortune represents a milestone once considered unimaginable, highlighting how rapidly wealth can be created in an increasingly interconnected and techn...المصدر: Forbes Business | Source: Forbes Business
ملاحظة تحريرية | Editorial Note: نُشر هذا المقال في الأصل بواسطة Forbes Business. خبر (Khabr) هي منصة إعلامية أردنية مرخّصة تعمل بالذكاء الاصطناعي. نضيف قيمة تحريرية من خلال: تحليل ذكي للأخبار، ملخصات تلقائية، رواية صوتية بالذكاء الاصطناعي، ترجمة متعددة اللغات، وتدقيق الحقائق. هدفنا جعل الأخبار أكثر وضوحاً وسهولةً للقارئ العربي.
This article was originally published by Forbes Business. Khabr is a licensed Jordanian AI-powered news platform (Registration #82086). We add editorial value through: AI-powered news analysis, automated summaries, AI audio narration, multi-language translation (Arabic, English, French, Turkish), and AI fact-checking. Our mission is to make news more accessible and understandable for Arabic-speaking audiences worldwide.
