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To say who the most talked-about billionaire in the world today is, Elon Musk's name definitely ranks at the top. The latest estimates show that his net worth has approached $750 billion, not far from the trillion-dollar mark.
What does this number mean? If he truly surpasses $1 trillion, Musk's personal wealth will account for nearly 3% of the US GDP. Looking at it from a historical perspective, even the former oil tycoon Rockefeller only accounted for about 2% of US GDP at his peak. In other words, Musk is rewriting the record books in the wealth rankings.
What is the key driver behind all this? Mainly the surge of SpaceX. Currently, SpaceX's valuation has reached approximately $800 billion, and Musk owns a 40% stake in the company. Even more interesting is the market's optimism about the prospects of the Starlink project and AI applications, which is continuously boosting SpaceX's valuation.
There is also a bigger imagination space—once SpaceX launches an IPO, Musk's wealth could increase by several hundred billion dollars. By then, the trillion-dollar threshold might truly be broken. As for Tesla's new compensation plan? It actually seems to be the icing on the cake for him.