10:35 - 12.06.2026

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June 12, Fineko/abc.az. The head of Tesla and SpaceX, Elon Musk, set an absolute record in the history of the global economy, becoming the first person on Earth whose net worth exceeded the $1 trillion mark.

ABC.AZ reports, referring to Reuters, that sharp rise in billionaire's in capital occurred against the background of a record round of initial public offerings of space corporation SpaceX.

The company has successfully attracted $75 billion in institutional investments, which has led to huge revaluation of the market value of this asset, which forms the basis of Musk's investment portfolio.

Thanks to this event, businessman's personal fortune has overcome a psychological historical milestone.