Musk's net worth hits $1.05 trillion

Elon Musk has officially been recognized as the world's first trillionaire, with his net worth reaching approximately $1.05 trillion. This valuation is based on SpaceX's stock trading at $150 per share on the Nasdaq. The milestone was discussed by financial analysts, highlighting the significant financial event. The concentration of such immense wealth in a single individual marks a notable moment in financial history and raises discussions about wealth distribution and economic power.