Breaking 08:00 Trump says Iran wants a deal as he signals the war may be nearing its end 07:19 Morocco and Israel agree to upgrade diplomatic missions to full embassies 23:00 AI companies say businesses are capturing only a fraction of the technology’s potential 22:45 Morocco welcomes 24 U.S. Fulbright grantees for research and teaching in 2026-2027 22:15 UN puts artificial intelligence governance under the spotlight as global risks intensify 21:45 Most Americans see serious risks from advanced artificial intelligence, poll finds 21:21 Nvidia chief Jensen Huang rejects calls for new AI safety laws 19:30 Iran war drives US fuel costs higher, adding pressure on American households 19:15 Mistral AI joins Firefox Smart Window to expand choice in AI-powered browsing 18:05 OpenAI could approach a $1.2 trillion valuation in new funding round 16:50 China warns of a space arms race after US confirms orbital weapons 15:29 OpenAI, Anthropic and Google explore AI safety body as regulatory debate intensifies 14:14 Coca-Cola plans $10 billion US investment through 2030 13:45 Macklemore removed from Ed Sheeran’s US tour after “Free Palestine” remarks 13:12 Trump attacks Supreme Court after it blocks new mail voting restrictions 13:05 US household income reaches record high as poverty rate falls 12:45 White House backs industry-led solutions to AI risks 12:15 Mark Zuckerberg rejects calls to slow the race toward advanced AI 11:25 Meta expands plans to rely on its own AI chips 11:04 Elon Musk calls for rival AI companies to test each other’s models 10:59 Iran rejects talks with the United States as Trump signals openness to dialogue 10:19 Could AI destroy humanity? Trump dismisses the threat as a hoax 09:59 Israel Katz: Israeli Army Claims Readiness to 'Finish the Job' in Gaza 09:44 US announces new visa restrictions targeting South African officials

SpaceX catapults Elon Musk beyond $1 trillion in wealth

Friday 12 June 2026 - 16:29
SpaceX catapults Elon Musk beyond $1 trillion in wealth

A new chapter in global financial history has just been written. Elon Musk has become the first person to see his personal fortune surpass the symbolic threshold of $1 trillion, driven by the spectacular valuation of SpaceX during its IPO.

According to updated data from Bloomberg, the American entrepreneur crossed this unprecedented mark on Friday, further consolidating his position as the richest individual in the world.

A record valuation for SpaceX

The event that triggered this exceptional rise is the IPO of SpaceX, the space technology company founded by Elon Musk.

The company's listing immediately propelled its valuation to levels never before seen in the aerospace industry. Market estimates now place the company's value around $2.13 trillion, making SpaceX one of the most highly valued companies on the planet.

This surge has mechanically bolstered the wealth of its founder, who still holds a significant stake in the company.

The first "trillionaire" in modern history

Thanks to his estimated 42% stake in SpaceX, Elon Musk has seen his fortune grow at a spectacular pace.

This crossing of the $1 trillion threshold marks a historic milestone in the world of global finance. Never before has an individual reached such a level of wealth according to major international wealth rankings.

This achievement reflects the growing importance of technology companies and the innovation economy in creating value on a global scale.

The rise of an industrial empire

Over the years, Elon Musk has built a portfolio of companies operating in strategic sectors ranging from electric vehicles to artificial intelligence, space exploration, and digital infrastructure.

However, it is SpaceX that today appears to be the main driver of this wealth progression. The company has established itself as a key player in space transportation, commercial satellite launches, and the development of new technologies for space exploration.

Investor confidence in the group's growth prospects largely explains the enthusiasm observed during its entry into the financial markets.

A symbol of the new global economy

The $1 trillion milestone goes far beyond mere individual performance. It illustrates the scale that certain technology companies have achieved in the contemporary economy and their ability to transform entire sectors.

This evolution also reignites the debate on wealth concentration, the growing influence of technology giants, and the impact their founders have on global markets.

As SpaceX continues its development and multiplies ambitious projects, Elon Musk's journey now stands out as one of the most significant economic phenomena of the 21st century.


  • Fajr
  • Sunrise
  • Dhuhr
  • Asr
  • Maghrib
  • Isha

Read more

This website, walaw.press, uses cookies to provide you with a good browsing experience and to continuously improve our services. By continuing to browse this site, you agree to the use of these cookies.