Elon Musk's rapid wealth growth
Elon Musk has become the world's first trillionaire after the valuation of his company "SpaceX" rose to $1.77 trillion with its initial public offering in June 2026, amassing a fortune exceeding $740 billion. He began his career by selling "PayPal" in 2002 and boldly invested in companies such as SpaceX, Tesla, and SolarCity, abandoning the safer diversification of risks. His strategy faced significant challenges, including the 2008 crisis that nearly wiped out his wealth, but he managed to recover and achieve a record surge in the value of his assets in less than a quarter of a century.
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