Home Stock Market SpaceX IPO: Elon Musk becomes world’s first trillionaire as SpaceX shares soar on stock market debut – follow live
Stock Market

SpaceX IPO: Elon Musk becomes world’s first trillionaire as SpaceX shares soar on stock market debut – follow live

Share


How much money is a trillion dollars?published at 16:05 BST

Daniel Thomas
Business reporter

As we’ve been reporting, if share sales in SpaceX reach or exceed the company’s suggested price of $135 (£100), founder Elon Musk will become the world’s first trillionaire. Let’s breakdown what this means:

A trillion is a thousand billion. That’s a one followed by 12 zeros. 1,000,000,000,000.

But how does this unimaginable sum compare with some real life things we actually know the value of?

To put it into context, the personal wealth of King Charles is thought to be less than $1bn (£740m), while the world’s most valuable sports team, the Dallas Cowboys, is estimated to be worth $13bn, and the ride-hailing giant Uber has a market value of about $142bn.

It would take the average US worker 16.3 million years to earn £1tn.

$1tn is roughly the value of the entire Swiss economy.

This Riddle post cannot be displayed in your browser. Please enable Javascript or try a different browser.



Source link

Share

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Don't Miss

Lightspark Partners with Visa to Bring Stablecoin and

LOS ANGELES, April 29, 2026 (GLOBE NEWSWIRE) -- Lightspark, the open global money company, today announced a partnership with Visa, a global leader...

Acting Superintendent Kaitlin Asrow Finalizes New Rule Ensuring Equitable Access to Home Loans for New Yorkers

Initiative Will Hold Nonbank Mortgage Lenders Accountable for Serving Their Whole Communities New York State Department of Financial Services (DFS) Acting Superintendent Kaitlin...

Related Articles

Stock market today: Live updates

Traders work on the floor of the New York Stock Exchange (NYSE)...

Caledonia Mining Corporation Plc: Director/PDMR Shareholding Notification

(NYSE American:CMCL)(AIM:CMCL)(VFEX:CMCL) SAINT HELIER, JE / ACCESS Newswire / June 12, 2026...

Intuit director Richard Dalzell sells $289,447 in common stock By Investing.com

Richard L. Dalzell, a director at Intuit Inc. (), sold common stock...

Stock market today: Live updates

Traders work on the floor of the New York Stock Exchange (NYSE)...