PremiumOpinionOpinion byNick StewartHawkes Bay Today·19 Jun, 2026 06:00 PM4 mins to readElon Musk recently became the world's first trillionaire. Photo / Getty ImagesElon Musk recently became the world's first trillionaire. Photo / Getty ImagesNick Stewart is a financial adviser and CEO at Stewart Group.

Last week the NZ Herald reported, plainly, that Elon Musk had become the world’s first trillionaire after shares in SpaceX leapt as much as 30% on debut – the largest initial public offering in history. That is the news.