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FinanceMusk briefly became world's first trillionaire, a 12-day streak
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According to a Fortune report published on June 24, 2026, Elon Musk briefly held the title of the world's first trillionaire for a period of 12 days. His net worth reached the trillion-dollar mark fueled primarily by the valuation of SpaceX. However, the milestone was short-lived. The end of his trillionaire status was triggered by a decline in SpaceX's stock value combined with a methodological change by Forbes in how they calculate net worth for their rich lists. The article highlights the volatility of wealth tied to private company valuations and the impact of index or accounting adjustments on public rankings.
Source report
Elon Musk Was the World's First Trillionaire for 12 Days
By Eva Roytburg June 24, 2026 | 30 minutes ago
Elon Musk briefly held the title of the world's first trillionaire — but his reign lasted only 12 days. The drop in his net worth follows a shift in SpaceX's valuation amid broader market turbulence.
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Fortune | FORTUNEWestern
Part of this Story
Elon Musk Becomes World's First Trillionaire After SpaceX IPO