Catapulted by the market debut of his rocket company SpaceX, Elon Musk could become the world’s first trillionaire by the end of the day.
Ukraine hits fuel supplies to Crimea, sparking a fuel crisis on the Russian-held peninsulaNew Hampshire court reverses father's murder conviction in case of missing 5-year-old girl Trump says there could be an Iran deal this weekend, forecasters warn about a dangerous El Nino, Elon Musk ’s SpaceX IPOOpening of Canada-US bridge that Trump threatened to block is delayed over unresolved 'issues'David Hockney, iconic British artist known for his colorful landscapes and pool scenes, dies at 88AP Entertainment WireViral phenomenon in Argentina has young people identifying themselves as animalsRaccoon goes on drunken rampage in Virginia liquor store and passes out on bathroom floorOB-GYN group makes vaccine recommendations for the first timePolitical blame game follows as screwworm parasite threatens cattle in TexasSome people tape their mouths shut at night.
Doctors wish they wouldn'tThe AP's gardening expert has a list of 10 top-performing new plants for this seasonSouthern Baptists vote to advance a formal ban on churches with women pastorsTrump da marcha atrás a nueva amenaza de atacar a Irán, citando avances en negociacionesThai Princess Bajrakitiyabha, who was known for her legal work, dies at 47The Afternoon WireTrump says there could be an Iran deal this weekend, forecasters warn about a dangerous El Nino, Elon Musk’s SpaceX IPOOpening of Canada-US bridge that Trump threatened to block is delayed over unresolved 'issues'David Hockney, iconic British artist known for his colorful landscapes and pool scenes, dies at 88AP Entertainment WireViral phenomenon in Argentina has young people identifying themselves as animalsRaccoon goes on drunken rampage in Virginia liquor store and passes out on bathroom floorOB-GYN group makes vaccine recommendations for the first timePolitical blame game follows as screwworm parasite threatens cattle in TexasSome people tape their mouths shut at night.
Doctors wish they wouldn'tThe AP's gardening expert has a list of 10 top-performing new plants for this seasonSouthern Baptists vote to advance a formal ban on churches with women pastorsTrump da marcha atrás a nueva amenaza de atacar a Irán, citando avances en negociacionesBusinessThis Jan. 22, 2020, file photo shows the likeness of Benjamin Franklin on $100 bills in Dallas. Elon Musk uses his phone during a state dinner for President Donald Trump and Chinese President Xi Jinping at the Great Hall of the People on Thursday May 14, 2026, in Beijing.
SpaceX’s Starship rocket lifts off during a test flight from Starbase, Texas, Friday, May 22, 2026. The handle stands at the ready on a pump with the three grades of gasoline available at a pump at Shell station Wednesday, June 10, 2026, in Englewood, Colo. This Jan. 22, 2020, file photo shows the likeness of Benjamin Franklin on $100 bills in Dallas.
This Jan. 22, 2020, file photo shows the likeness of Benjamin Franklin on $100 bills in Dallas. Elon Musk uses his phone during a state dinner for President Donald Trump and Chinese President Xi Jinping at the Great Hall of the People on Thursday May 14, 2026, in Beijing.
Elon Musk uses his phone during a state dinner for President Donald Trump and Chinese President Xi Jinping at the Great Hall of the People on Thursday May 14, 2026, in Beijing. SpaceX’s Starship rocket lifts off during a test flight from Starbase, Texas, Friday, May 22, 2026. SpaceX’s Starship rocket lifts off during a test flight from Starbase, Texas, Friday, May 22, 2026.
The handle stands at the ready on a pump with the three grades of gasoline available at a pump at Shell station Wednesday, June 10, 2026, in Englewood, Colo. The handle stands at the ready on a pump with the three grades of gasoline available at a pump at Shell station Wednesday, June 10, 2026, in Englewood, Colo. That level of wealth, all owned by just one person, was once unfathomable.
Before Friday, the trillion dollar mark was reserved for measures like the GDP billionaires club has reapedtheir everyday bills. Many have decried the arrival of the first trillionaire as the latest and most alarming example of that wealth gap. The number “one trillion” is hard in itself for the human mind to comprehend.
One trillion dollars is a thousand times greater than $1 billion. And a million times more than $1 million. In terms of physical cash, one trillion U.S. dollar bills laid end to end would stretch nearly 97 million miles . That would account for the distance of more than 200 round trip journeys to the moon — which NASA says sits an average of 238,855 miles away from Earth.
It would also surpass the roughly 93 million miles between Earth and the sun. There are nearly 8.2 billion people living on Earth today, per the latest numbers from the U.S. Census Bureau. If $1 trillion was divided among the entire population, each person would receive almost $122. One trillion dollars is more than double the annual GDP of South Africa, the country where Musk was born.
According 2026 numbers from International Monetary Fund, the nation’s output of goods and services stands at nearly $480 billion. Only about 21 countries in the world have a GDP over the trillion dollar mark today. The U.S. and China lead the pack at more than $32.38 trillion and $20.85 trillion, respectively, but that’s far ahead most other economies.
Houses sold in the U.S. have a median sales price of about $403,200, per the latest numbers from the Federal Reserve Bank of St. Louis. With $1 trillion, you could buy nearly 2.5 million homes at that cost. At current U.S. gas prices — which averaged at nearly $4.11 a gallon Friday per AAA — $1 trillion could buy more than 243 billion gallons of regular fuel. Americans used on finished motor gasoline all last year.
And prices at the pump were much less expensive in 2025. Steep oil prices, spanning from the U.S. and Israel’sAccording to Forbes, the second richest person in the world today is Google co-founder Larry Page — who carried a net worth of nearly $293 billion as of Friday morning. That’s $707 billion under the trillion dollar mark.
— which, beyond Page, includes fellow Google co-founder Sergey Brin , Amazon’s Jeff Bezos and Oracle’s Larry Ellison — amounted to just over $1.04 trillion. Those fortunes can oscillate by tens of billions of dollars by the day, or sometimes a matter of hours. Musk’s own net worth has rapidly ballooned in value. Just last year, his net worth sat at $342 billion per Forbes — up from $195 billion in 2024.
Elon Musk Alphabet Inc. Larry Page General News National Economic Indicators Planets Financial Markets South Africa Jeff Bezos Larry Ellison Economy Spacecraft Sergei Brin Business Energy Markets Oil And Gas Industry Iran Federal Reserve System Amazon.Com Inc. Consumer Products And Services Aerospace And Defense Industry U.S. News Aerospace Technology U.S. News
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Tommy Robinson Meets Elon Musk's Father in Moscow Amid Belfast RiotsFar-right activist Tommy Robinson met Errol Musk in Moscow hours before a stabbing in Belfast sparked violent protests. Robinson and Elon Musk encouraged unrest online, leading to riots with arson and attacks on minorities.
Read more »
Elizabeth Warren: Elon Musk’s SpaceX IPO May Screw Retirees, Must Be DelayedThe Massachusetts senator is calling on the SEC to delay Friday’s public offering.
Read more »
British Politicians Accuse Elon Musk of Stoking Racist Violence in BelfastMusk encouraged his base to take to the streets shortly before rioters stormed immigrant neighborhoods in Belfast.
Read more »
Lawsuit Aims to Halt Trump Giveaway of Wildlife Refuge to Appease Elon Musk's SpaceXEnvironmental groups sue US Fish and Wildlife Service over land transfer to SpaceX, alleging loss of wildlife habitat and environmental damage.
Read more »




