Elon Musk is a billionaire fact check

Elon Musk became the world's first trillionaire on Friday, following the record-breaking stock market debut of his company SpaceX. With a current estimated net worth of about $1.11tn, according to Bloomberg, Musk sits well above wealthy billionaires ...

The boss of X, Tesla and SpaceX, already the world's richest person, is now also its first trillionaire.

With SpaceX shares soaring 20 percent on their first day of trading, the world’s richest person crossed another milestone — one with 13 digits.

A trove of documents and interviews with people close to tech billionaire Elon Musk reveal a damning picture of his rise as one of the world's richest and most powerful men.

Musk did not agree to be interviewed by Gibney, so the filmmaker dove into the archives. (Musk's lawyer claimed in a letter to the film's production company that Gibney "refused" to fact-check the documentary with Musk's team, saying Gibney defamed the billionaire.

At $1.32 trillion, Musk is worth more than Buffett, Gates, and Bezos combined — more than every other carmaker on Earth put together — and, per Oxfam, more than the entire wealth of the poorest 46% of humanity: 3.8 billion people.

Elon Musk is the wealthiest person in the world in terms of financial assets, with an estimated net worth of US$ 1.04 trillion according to the Bloomberg Billionaires Index and $1.1 trillion according to Forbes, as of October 6, 2026, primarily from his ownership stakes of 42% of SpaceX and ...

SpaceX’s initial public offering (IPO) shattered records as the largest of all time, raising $75 billion in cash with an initial valuation of $1.77 trillion, eclipsing Saudi Aramco’s $29.4 billion and triple Hynix’s $26.5 billion. At its June 26 peak of $225 per share, Musk’s 42 percent stake pushed his net worth past $1.4 trillion, briefly making him the world’s first paper trillionaire. But Elon does not have tens of billions of dollars sitting in bank accounts.

SpaceX went public on June 12, ... private holding—was repriced to around $800 billion, pushing his total net worth past $1 trillion....