Elon Musk has officially broken the record for becoming the world’s first trillionaire. Online reactions have varied, with some congratulating Musk and others criticizing the obscene wealth he has amassed.
According to Bloomberg, Tesla and SpaceX founder became the world’s richest man in history after his net worth reached $1.1 trillion. SpaceX managed to raise $75 billion in an initial public offering (IPO) after its trading launch on Friday. When the market closed, Musk’s shares in SpaceX were worth $767.1 billion. He also held $53.8 billion in SpaceX options. Musk’s trillionaire status is further solidified by his holdings of $168 billion in Tesla shares and $116.4 billion in options.
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