The SpaceX IPO has boosted Musk's paper wealth to more than $1,000,000,000,000 at a time when he is more hated -- and powerful -- than ever.

Elon Musk is on the verge of becoming a trillionaire thanks to the record-breaking IPO price, which also minted a new billionaire and boosted the fortunes of many others.

Elon Musk becomes the world's first trillionaire as SpaceX's IPO targets a $1.5T-$1.8T valuation, with filings revealing 18,712 BTC in corporate holdings.