Elon Musk Just Made More Money in 6.5 Hours Than Warren Buffett Made in His Entire Life.
- On Friday, billionaire Elon Musk became the world's first trillionaire after a massive rally in SpaceX stock pushed his net worth above $1.3 trillion.
- SpaceX shares surged during Monday's after-hours trading session, raising the company's market cap above $3 trillion and amplifying Musk's stake value significantly.
- The rally added approximately $165 billion to Musk's fortune, exceeding the combined net worths of billionaires like Bernard Arnault, CEO of luxury fashion brand Louis Vuitton.
- Economist Robert Reich denounced the IPO as the "universe's largest Ponzi scheme," raising concerns about the unchecked power wielded by individuals commanding such vast economic resources.
- According to the World Inequality Report 2026, approximately 56,000 people—about 0.001% of humanity—control three times as much wealth as the poorest 2.8 billion adults combined.
48 Articles
48 Articles
Elon Musk Just Made $33.6 Billion In A Single Day, The Internet Can't Believe It
The world's wealthiest people enjoyed an extraordinary day on Monday as a powerful market rally sent fortunes soaring across the globe. According to the Bloomberg Billionaires Index, the 500 richest people collectively added a record £247 billion to their wealth in a single day, taking their combined net worth to an unprecedented £9.8 trillion. The rally was driven by optimism surrounding a deal between the United States and Iran aimed at ending…
Musk Sees Buffett-Sized SpaceX Windfall
(New York, New York) – Elon Musk’s paper fortune surged after SpaceX’s explosive Wall Street debut, giving the billionaire a one-day wealth jump larger than Warren Buffett’s entire net worth. Forbes estimated Musk gained about $164 billion as SpaceX shares rallied, pushing his net worth above $1 trillion and making him the world’s first trillionaire. Buffett, the longtime Berkshire Hathaway investor, is worth about $147 billion, according to For…
SpaceX hot streak makes Elon Musk’s biz the fifth-biggest US company, surpassing Amazon
SpaceX shares jumped 4.8% Tuesday for the third-straight day of gains, surpassing Amazon’s market cap and briefly exceeding Microsoft – sending Elon Musk’s wealth to jaw-dropping new heights.
It Took SpaceX Just 1 Day to Reach a Milestone Tesla Has Never Achieved. Which Elon Musk-Led Stock Is the Better Buy in June?
SpaceX and Tesla are leading players in cutting-edge markets, which could make both growth stocks appealing to risk-tolerant investors.
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