The personal wealth of the world’s first and only trillionaire Elon Musk increased by $ 164 billion in a single day, leaving behind the lifetime wealth of billionaire investor Warren Buffett. According to the Bloomberg Billionaires Index, after the tremendous rise in SpaceX shares, Musk’s net worth reached $ 1.27 trillion, further cementing his status as the world’s first trillionaire. To understand the scale of his one-day gain, Buffett’s entire net worth is $148 billion.
With this new lead, Musk has opened a historic gap to the next richest person in the world. Google co-founder Larry Page is at second place with $314 billion, right behind him is Sergey Brin with $292 billion and Amazon founder Jeff Bezos with $267 billion.
SpaceX boom
The reason behind creating historic wealth was the blockbuster performance of SpaceX in the stock market. Shares of Rocket-to-AI Group closed 19.6 percent higher at $192.46 on Monday. This was their second day of trading after the record-breaking IPO. Earlier on Friday, during their debut on Nasdaq, there was a big jump of 19 percent, due to which SpaceX officially became America’s sixth largest firm in terms of market value.
This giant of rocket, AI and Internet had earlier raised a record $75 billion by selling 555.56 million shares at $135 per share, which was the largest IPO in history even before the greenshoe option was used.
A large part of Musk’s tremendous wealth is directly related to his ownership stake in a major aerospace company. Regulatory filings show that Musk owns about 4.8 billion SpaceX shares and about 350 million stock options. Overall, this 38 percent equity stake has become the main engine of their financial growth.
Elon Musk had announced this
Wall Street’s expectations about the company increased over the weekend when CEO Elon Musk said on Sunday that SpaceX could bring in revenue of $ 1 trillion by 2030. This big target came when SpaceX reported revenue of $18.7 billion in 2025 and has not yet earned profit.
However, market participants are advising caution soon. Analysts and portfolio managers said investors should be prepared for more volatility, especially in SpaceX’s early stages as a public company, because its float is very small and valuations are very high.
Despite these structural concerns, institutional demand could propel the stock further. This rally is well positioned to continue as SpaceX is increasingly being included in the Nasdaq 100 index. The move will immediately make the stock a must-have, major holding for passive funds and exchange-traded funds (ETFs) that are tracking the gauge. Adding to the institutional buying pressure, FTSE Russell and MSCI are also adding SpaceX to their respective global indices, effective from June 26 and June 29.
This is how wealth increased after 500 billion dollars
This huge increase in one day has ended the long run of several months in Musk’s personal account. His wealth crossed the $500 billion milestone in October, topped $600 billion in December, and crossed $700 billion just days later, as private valuations of his technology and aerospace ventures rocketed his net worth ahead of public listings. After Musk, Page, Brin and Bezos, the rest at the top of the global wealth ranking are Larry Ellison, Michael Dell, Mark Zuckerberg, Jensen Huang, Bernard Arnault and Jim Walton.
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