The worlds richest man has a new fancy title

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.

Musk's fortunes were boosted from $813 billion to over $1 trillion, sending SpaceX into the ranks of the world's most valuable companies.