Elon Musk is the world's first trillionaire - enough to spend $1 million a day for nearly 3,000 years

Elon Musk has officially become the world's first trillionaire after SpaceX stock began trading on the Nasdaq at $150 per share, valuing the company at over $2 trillion.

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Forbes reported that, based on SpaceX's stock price, Elon Musk's net worth has now exceeded $1.1 trillion as of Friday morning. Musk made a substantial jump on Thursday evening when the SpaceX IPO went live at $135 per share, which caused Musk's net worth to rise from $188 billion to $982 billion. Yes, $794 billion in a single evening.

Musk's wealth is divided between shares and stock options, with Musk owning 4.8 billion shares of SpaceX, worth $715 billion, and an additional 350 million stock options, worth $50 billion. In total, Musk's ownership of SpaceX sits at 38%.

It's quite difficult to comprehend how much money one trillion dollars is, and to put it into perspective, it would take Musk over 3,000 years to spend the entire fortune if he were spending $1 million every day. Another way to look at it is that if Musk lost 1% of his net worth, it would erase $11 billion. Or, Musk could spend $1,000 every second for 35 years before running out of money.

Notably, investment research firm Morningstar said earlier in the week that SpaceX was only worth $63 per share, less than half its $135 IPO price. The investment research group said there is a "major disconnect between market expectations and underlying fundamentals". Time will tell, SpaceX is a very unique company as it's financial indicate the company lost as much money in the first three months of 2026 as it did throughout all of 2025.