The world gained its first ever trillionaire on Friday, when Elon Musk took his rocket and satellite company SpaceX public in the biggest IPO in history. His wealth explosion has inspired his devotees ...

Elon Musk is back in his favorite tax bracket: unimaginable.

Forbes ranks Elon Musk as the first trillionaire ever. He is over triple the net worth of Larry Page who is second place. It is rare for whoever is richest to triple second place. IF SpaceX runs ...

Musk says SpaceX is going public now because it needs money to fund its ambitions of putting satellites and data centers in space and eventually establishing a colony of people on Mars.

Elon Musk's stake in SpaceX is worth more than $766 billion. Combined with his Tesla holdings, Musk's net worth as of Friday is roughly $1.05 trillion.

Elon Musk recently became the first person whose net worth surpassed $1 trillion, after his SpaceX's blockbuster IPO. Most of Musk's estimated wealth is tied to his stock holdings in SpaceX and Tesla.