Elon Musk is about to become the world’s first trillionaire. The moment arrives June 12, 2026, when SpaceX prices its initial public offering at $135 per share on the Nasdaq at a total valuation of $1.77 trillion, pushing Musk’s personal net worth past the one-trillion-dollar threshold that no individual in recorded financial history has ever crossed.
Musk entered June 2026 worth approximately $835 billion, according to Forbes’s most recent real-time estimate, already the largest gap between first and second place on any global wealth ranking in history. Larry Page, the second wealthiest person on the planet, sits at $298 billion. On June 12, that gap widens by approximately $165 billion in a single trading session.
The arithmetic is straightforward. SpaceX’s updated prospectus, filed with the SEC on June 3, shows that Musk’s economic equity stake in the company is worth $866.5 billion at the $135 offering price. His Tesla position adds approximately $350 billion based on the current share price of $418.40. His minority stakes in xAI, Neuralink and The Boring Company, combined with cash and other personal assets, push the total past one trillion. Forbes stated in June that the SpaceX listing would “all but guarantee his net worth rising above $1 trillion.” CNBC confirmed his net worth is “poised to sail past $1 trillion” when the IPO prices on Friday.