You gotta catch this because Elon Musk literally made history today — he's officially the first person on Earth to reach a $1 trillion net worth. He was hovering around $800 billion before SpaceX went public, and then the IPO landed him at SPACX shares opening at $150, well above the $138 benchmark that pushes his net worth into 12 digits thanks to his 4.8 billion company shares plus Tesla. To put a number like this in perspective: Musk's wealth on paper is now roughly equivalent to Larry Page, Sergey Brin, Jeff Bezos, and Larry Ellison all combined — he has four times as much money as any of those guys individually. That's not just rich; that's a fundamentally different scale of wealth than anyone before him.
And the ambition behind it is even crazier when you look at what his S-1 actually says about SpaceX. He didn't write "I want to be the richest man"; he wrote goals like building systems for multiplanetary life and extending the light of consciousness to the stars, which in practical terms means a plan to build orbital AI compute — literally launching data center servers into space on reusable rockets. It took 100 years since John D. Rockefeller became the first billionaire in 1916 to reach this milestone, so you're watching one person condense roughly a century of wealth accumulation into two decades through rocket tech and Musk-level ambition. Absolutely wild — I can't get over it.
Source: https://www.theverge.com/ai-artificial-intelligence/948409/elon-musk-trillionaire-spacex-ipo
And the ambition behind it is even crazier when you look at what his S-1 actually says about SpaceX. He didn't write "I want to be the richest man"; he wrote goals like building systems for multiplanetary life and extending the light of consciousness to the stars, which in practical terms means a plan to build orbital AI compute — literally launching data center servers into space on reusable rockets. It took 100 years since John D. Rockefeller became the first billionaire in 1916 to reach this milestone, so you're watching one person condense roughly a century of wealth accumulation into two decades through rocket tech and Musk-level ambition. Absolutely wild — I can't get over it.
Source: https://www.theverge.com/ai-artificial-intelligence/948409/elon-musk-trillionaire-spacex-ipo