Elon Musk is now the world’s first trillionaire, after his company SpaceX went public on Friday morning.
The 54-year-old businessman and investor founded SpaceX, a space exploration company, in 2002. SpaceX’s initial public offering was officially priced on Thursday at a valuation of $1.77 trillion, making it the highest-valued IPO in history.
Forbes estimates that Musk’s net worth now hovers around $1.1 trillion, thanks to his 38 percent stake in the company.
“It is certainly hard to believe that a little company that was started in a warehouse in El Segundo [California] is now going public with the largest IPO ever,” Musk said in the livestream of NASDAQ’s opening bell.
And in perhaps the least surprising development, secular progressives engage in their obligatory violations of the 10th Commandment.
I really don’t understand true greed. If I was worth $1 trillion, you’d have to physically stop me from solving as many of the world’s problems as possible.
— John Bourscheid πΊπΈ π (@bourscheid) June 12, 2026
Everyone would have a home, food on the table, proper healthcare, happiness.
I just don’t get it.
Really hard to imagine becoming a trillionaire and not wanting to immediately liquidate enough assets to give at least a few hundred billion to organizations making the world a better place.
— Jason Kander (@JasonKander) June 12, 2026
Today, Elon Musk, a trillionaire, pays the same amount into Social Security as someone making $184,500.
— Sen. Bernie Sanders (@SenSanders) June 12, 2026
If we end that absurdity and lift the cap on taxable income, we can make Social Security solvent for 75 years and expand benefits by $2,400. My Social Security bill does that.
Americans are struggling to pay for groceries and gas while Elon Musk becomes a TRILLIONAIRE.
— Gavin Newsom (@GavinNewsom) June 12, 2026
When the federal government is for sale, the rich get richer and everyone else gets shafted.
The system is rigged.
Elon Musk just became the world’s first trillionaire.
— Graham Platner for Senate (@grahamformaine) June 12, 2026
Let’s make sure he’s also the last.
Elon Musk just became the world's first trillionaire.
— Elizabeth Warren (@SenWarren) June 12, 2026
The typical American household would have to work more than 11 MILLION years to make Elon Musk's level of wealth.
We need a wealth tax.
After a presser to point out the utter outrage of one man amassing such spoils, Fauxcahontas Sen. Warren was then pressed on *her* wealth. Nor surprisingly, she didn't have much to say.
I suspect, at one level, Musk’s enemies believe the things he has achieved would magically have happened without him — that, somehow, they were foreordained to occur, and that he just happened to be in the right place at the right time. This is stupid and it is wrong. There are such things in history as great men, and Musk is one of them. Gavin Newsom, Ed Markey, Elizabeth Warren, and Graham Platner, by contrast, are not. If they got their way, the United States would become France. An interesting place, yes, but not one that ever does much of note.
So, yeah: If your reaction to this news was to cavil and whine and start looking lasciviously at Musk’s property, you can count me out. I want no part of it. Elon Musk is the world’s first trillionaire. Only in America.
A pretty awesome development ahead of America's 250th birthday!
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