Elon Musk’s rise to becoming the world’s first trillionaire has been powered not just by investors and technology breakthroughs, but significantly by years of US government support, according to analysis of SpaceX and Tesla’s early growth and financing.

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.

Rocketmaker SpaceX began trading on the Nasdaq Friday, boosting Musk’s fortune to an estimated $1.1 trillion.

At a time when concerns about inequality are high and public attitudes toward the ultra-wealthy have soured, Musk has managed to retain a loyal following despite his…

South Africa-born tech entrepeneur on course to become world’s first trillionaire after lucrative SpaceX IPO