Elon Musk, the CEO of Tesla and SpaceX, is projected to become the world’s first trillionaire by 2027, according to a recent report by Informa Connect Academy[1][3][7]. Musk, currently the world’s wealthiest individual with a net worth exceeding $251 billion, is seeing his wealth grow at an average rate of 110% annually[3][5][9].
Musk’s vast business empire, which includes electric vehicle manufacturer Tesla, space exploration company SpaceX, and social media platform X (formerly Twitter), is the primary source of his wealth[1][3]. Tesla, in particular, is a significant asset, with Musk owning nearly 13% of the company, a stake valued at approximately $93 billion[1]. Additionally, he holds 303 million stock options linked to his compensation package[1]. If Tesla continues its growth, particularly with advancements in self-driving technology and robotaxis, Musk’s fortune could surpass $1 trillion[1].
While Musk is the frontrunner, other individuals are also in the race to reach trillionaire status. Nvidia CEO Jensen Huang and Indian billionaire Gautam Adani are also predicted to become trillionaires by 2028[1][3].
However, Musk’s path to becoming the first trillionaire is not without its challenges. The future of Tesla, his most valuable asset, will significantly impact his ability to reach this milestone[1]. Furthermore, Musk’s acquisition of Twitter (now X) has been marked by controversy, including disputes with advertisers and legal issues[3].
Despite these challenges, if Musk’s wealth continues to grow at its current rate, he is likely to become the world’s first trillionaire by 2027[3].
