Elon Musk becomes world's first trillionaire

[DigitalDrifter]

This doesn't mean of course he has a trillion in the bank, it's all of his holdings.
What a calling card. 'Hi, I'm a trillionaire'.



Elon Musk's fortune topped $1 trillion as SpaceX began trading on Friday.

Elon Musk officially became the world's first trillionaire following SpaceX's stock debut on Friday, with the company's IPO price valuing his stake at nearly $870 billion on paper.

The stock opened at $150 a share and ended up over 19%, closing at $160.95 in its debut on the Nasdaq (^IXIC), trading under the ticker SPCX (SPCX).

Elon Musk becomes world's first trillionaire

Elon Musk is officially the world's first trillionaire following SpaceX's stock debut today, with the company's IPO price valuing his stake at nearly $870 billion on paper.

finance.yahoo.com

 

[cowboy fan]

The T sound better than the B anyway.

 

[Senior]

Elon Musk can now afford another 14 kids with another 4 different baby mamas.

 

[progressive hunter]

This doesn't mean of course he has a trillion in the bank, it's all of his holdings.
What a calling card. 'Hi, I'm a trillionaire'.



Elon Musk's fortune topped $1 trillion as SpaceX began trading on Friday.

Elon Musk becomes world's first trillionaire

Elon Musk is officially the world's first trillionaire following SpaceX's stock debut today, with the company's IPO price valuing his stake at nearly $870 billion on paper.

finance.yahoo.com

this is new,, I hadnt heard it before,,

are you sure its not fake news??

 

[DigitalDrifter]

this is new,, I hadnt heard it before,,

are you sure its not fake news??

It's true.

 

[DigitalDrifter]

The math behind this staggering sum breaks down as follows:

• The Rate: Spending $1 per minute equates to $60 an hour, $1,440 per day, or $525,600 per year.
• The Math: Dividing his $1.1 trillion fortune by the annual burn rate means it would take approximately 2,093,030 years to spend down his wealth entirely.

 

[AyeCantSeeYou]

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