Elon Musk Becomes World's First Trillionaire

Elon Musk has become the world's first trillionaire. This happened when his space company SpaceX went public on the stock market. A trillion dollars is $1,000,000,000,000 - that's a one followed by 12 zeros. No person in history has ever had this much money before.

It's very hard to understand how much money one trillion dollars really is. Think of it as 1,000 billions or one million millions. Most of Musk's money isn't cash in a bank account. Instead, it comes from how much people think his companies are worth.

Musk now has more money than the next three richest people combined. Google co-founder Larry Page has about $309 billion. The other Google co-founder Sergey Brin has $287 billion. Even when you add all three together, Musk still has $138 billion more than them.

With this much money, Musk could solve major world problems. The United Nations says it would take $512 billion to end hunger for 700 million people over six years. That means Musk could solve world hunger and still have half his money left.

SpaceX going public created the biggest stock market launch in history. However, some experts worry the company might be worth too much money. Stephen Mayne, who watches companies carefully, says SpaceX loses $5 billion every year. This makes some people wonder if SpaceX is really worth what investors think.