Elon Musk becomes the world’s first trillionaire, now worth almost a quarter of Apple

lon Musk has become the world’s first trillionaire after SpaceX made its stock market debut, pushing his personal fortune beyond the $1 trillion mark.

Shares in SpaceX climbed to $158.51 following the company’s public listing, significantly increasing the value of Musk’s holdings. As the company’s majority shareholder, with a stake of more than 80%, Musk has been the biggest beneficiary of the surge in share price.

Just a day earlier, Forbes estimated Musk’s net worth at $981.2 billion, already making him the richest person in the world. The jump in SpaceX’s valuation has now pushed his fortune past the historic $1 trillion milestone.

While the figure is staggering, it also puts Apple’s immense scale into perspective. Apple is currently valued at around $4.5 trillion, meaning Musk’s entire fortune is worth just under a quarter of the iPhone maker’s market value.

Apple became the first company to reach a $1 trillion market valuation in 2018 and has continued to grow substantially in the years since. Today, the company is worth more than four times Musk’s personal fortune, despite him becoming the wealthiest individual in history.

Musk’s wealth is largely tied to his ownership stakes in companies including SpaceX, Tesla, xAI, Neuralink and X, formerly Twitter. However, it is SpaceX’s successful market debut that has ultimately pushed him over the trillion-dollar threshold.