SpaceX and Tesla founder Elon Musk has become history's first trillionaire, Reuters reports.
Following SpaceX's initial public offering (IPO), its value is estimated at approximately $866 billion. "With Tesla and his other holdings, Musk's net worth will exceed $1.1 trillion by the time the stock begins trading on Friday," the agency claims.
It was previously revealed that many of US President Donald Trump's high-ranking subordinates "have interests" in SpaceX or its merged AI startup, xAI. Therefore, according to Bloomberg, the company's IPO will be a way for "already wealthy" White House officials to become even richer.



































