Elon Musk Becomes World's First 'Trillionaire' as SpaceX Hits 6th Largest Market Cap

By  Jeong Banseok  | Jun 13, 2026

Elon Musk Becomes World's First 'Trillionaire' as SpaceX Hits 6th Largest Market Cap
▲ Elon Musk

Elon Musk (54) has set a record as the world's first "trillionaire" immediately following the first day of trading for SpaceX.

Bloomberg reported on June 12 (local time) that as SpaceX began trading on the Nasdaq at $150 per share, Elon Musk's total net worth reached $1.05 trillion, equivalent to approximately 1,594 trillion Korean won.

Bloomberg explained that this amount is comparable to the gross domestic product (GDP) of Switzerland.

Furthermore, compared to the world's second-richest person, Google co-founder Larry Page, Musk's net worth is more than three times larger.

As the push for SpaceX's public listing progressed, it was considered only a matter of time before Musk became a trillionaire.

Musk is the founder, largest shareholder, and CEO of SpaceX, which he established in 2002.

Currently, his stake in SpaceX accounts for approximately 70% of his net worth.

Bloomberg had analyzed that once SpaceX's stock price exceeded $141 per share, Musk's net worth would surpass the $1 trillion mark.

The opening price on this day was $150, and after rising to as high as $168.75 during the session, the stock has been fluctuating.

Based on the opening price, SpaceX's market capitalization reached $2.12 trillion.

As a result, it has secured the 6th position in corporate value, following Nvidia, Alphabet (Google's parent company), Apple, Microsoft, and Amazon.

Among his remaining assets, the largest is the electric vehicle company Tesla, which Musk founded and continues to lead.

Since its listing in 2010, Tesla's stock price has surged by 35,000%, and it is considered the driving force that allowed Musk to join the ranks of the world's wealthiest people.

(Photo: AP, Yonhap News)
※ Please note: This article was translated by AI and may contain errors.