SpaceX IPO Could Mint Musk World's First Trillionaire -- WSJ

Dow Jones06:10

By Rolfe Winkler and Theo Francis

Elon Musk could pass an unthinkable wealth threshold, becoming the world's first trillionaire, depending on investors' excitement for SpaceX shares when it goes public. If the company surpasses a valuation of about $1.7 trillion, then Musk's slightly more than 40% stake, combined with his Tesla shares, would make him the first man with a net worth eclipsing 13 figures.

That would mean that Musk, as an individual, would be worth more than all but 10 U.S. companies, roughly equal to Berkshire Hathaway ($1.04 trillion) and ahead of Eli Lilly ($900 billion market capitalization) and JP Morgan Chase ($810 billion). Musk is already worth more than the U.S.'s largest oil company, Exxon Mobil ($654 billion).

The calculation omits restricted shares that SpaceX has granted to Musk, but which haven't been earned, though it includes options he could exercise shortly.

This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).

(END) Dow Jones Newswires

May 20, 2026 18:10 ET (22:10 GMT)

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