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The world could soon get its first trillionaire!Elon Musk, already the richest person on the planet, is now inching closer to the unprecedented milestone as SpaceX gears up to go public. The initial public offering (IPO) is expected to be the biggest stock market debut in Wall Street history.Earlier on Wednesday, the rocket and satellite…
Tesla and SpaceX CEO Elon Musk has now offered an insight into what his potential trillion-dollar fortune really represents, as SpaceX is all set for a possible IPO later this year. In a recent conversation with entrepreneur Peter Diamandis, Musk has clarified that his wealth is not about the cash reserves. “It really just represents…
Tesla CEO Elon Musk has finally addressed the speculation about his growing fortune. Musk noted that his $849.3 billion net worth is overwhelmingly tied to his ownership stakes in Tesla and SpaceX. Responding to a post on X about wealth creation, Musk said he has already created wealth “thousands of times over.” He added: “My…
The richest man in the world could more than double his $460.6 billion fortune if SpaceX succeeds in going public next year at a valuation of $1.5 trillion.SpaceX is moving forward with an insider share sale that values Elon Musk’s rocket and satellite maker at about $800 billion, setting up what could be the largest…
Elon Musk (left), Donald Trump, Zohran Mamdani (agencies) TL;DR: Driving the news Two landmark events – one in politics and other in the business world – unfolded across the United States this week: In a kind of political upset in the capital of capitalism, democratic socialist Zohran Mamdani was elected mayor of New York City,…
Tesla shareholders on Thursday approved Elon Musk’s multibillion-dollar pay package, giving the CEO a pathway to earn as much as $1 trillion if he delivers on a set of long-term performance targets. More than 75% of shareholders backed the plan at Thursday’s meeting, and the announcement was met with cheers.“What we’re about to embark upon…
Tesla shareholders on Thursday approved Elon Musk’s multibillion-dollar pay package, giving the CEO a pathway to earn as much as $1 trillion if he delivers on a set of long-term performance targets. More than 75% of shareholders backed the plan at Thursday’s meeting, and the announcement was met with cheers.“What we’re about to embark upon…
