Elon Musk Now Has About $1 Trillion More Than the Next Richest Person in the World

Elon Musk’s Net Worth Hits Record $1.2 Trillion

SpaceX IPO raised $85.7B ($350B total including overallotment), pushing Musk to $1.2T—first trillionaire. The $250B institutional capital signals enterprise confidence in satellite-based infrastructure as critical for distributed IT and resilience planning.