The world’s richest man Elon Musk passed a round-number milestone on Friday, becoming the world’s first trillionaire. Well, kinda.
On June 12th, Musk’s orbital contractor SpaceX went public, and the price of $135 per share would value Musk’s shares in the company at $867 billion. On paper, this pushes him over the trillionaire line, though as the Washington Post points out, that number is somewhere between “exaggerated” and “imaginary.”
A good chunk of Musk’s wealth comes in the form of conditional Tesla stock, and the conditions are kind of hard to meet — like, for example, establishing a human colony on Mars. If you ignore the value of those shares, Musk is still several billion short of a trillion, the poor guy.
