Musk edges closer to becoming world’s first trillionaire — Forbes
Story by Susan Mbamah
Elon Musk is reportedly inching closer to becoming the first person in history to reach a one-trillion dollar net worth, according to recent discussions based on Forbes data and market behaviour.
His wealth, already in the high hundreds of billions, has surged on the back of gains in Tesla’s share price, increased valuation of SpaceX, and stakes in other ventures such as xAI.
Experts point out that Musk’s current trajectory, if sustained, could see him cross the trillion mark within the next few years. Reports from wealth trackers indicate that the gap between his existing net worth and the trillion threshold has narrowed substantially.
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One major catalyst is a proposed compensation plan at Tesla, structured over a decade with performance benchmarks that, if met, could award Musk shares valued in the hundreds of billions. This package is seen by many as a mechanism that could fast-track his ascent to trillionaire status.
Musk also reportedly added to market confidence by purchasing about $1 billion in Tesla stock recently, signalling his long-term commitment to investors and reinforcing bullish sentiment.
Market watchers note that Tesla’s valuation must substantially increase for the compensation plan to fully deliver. The plan’s targets include ambitious production growth, technological breakthroughs, and sustained revenue expansion.
Despite the optimism, critics caution that many assumptions underpin the projections, including stable markets, regulatory environments, and performance across multiple business lines. Any downturns could slow or reverse the climb.
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Still, Musk’s multi-sector influence in electric vehicles, space and AI gives him a diversified base of value sources. This means that upward momentum in one sector can help offset challenges in another.
If Musk succeeds in hitting the trillion-dollar mark, he would not only set a new record but also shift global discourse about wealth, corporate governance, and the role of ultra-high net worth individuals in public life.
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