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What Could Be Done With Musk's Trillion Dollars

Musk’s estimated $1.1 trillion fortune could erase millions of overdue card balances as U.S. credit card debt hits a record $1.25 trillion, the New York Fed said.

As the first trillionaire in history, Elon Musk spends his money on yachts along with trips to outer space. Political economist Richard Wolff states that Musk cannot spend it faster than his capital accumulates. What could be done with that money instead is to satisfy thousands of human needs that currently go unattended. It could feed thousands of starving people. It could help people dying of diseases. It could build affordable housing, 21st c…

4 Articles

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Ketchikan Daily News broke the news in Ketchikan, United States on Wednesday, June 17, 2026.
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