Elon Musk is already the wealthiest man in the world, and he is also likely to become the first trillionaire in the world by 2027, as per Informa Connect Academy. Although Musk's net worth has risen recently to an impressive figure of $405.6 billion, it has been projected that within the next few years, his fortune would exceed the prized figure of $1 trillion if it continues to rise at the rate of 110 percent every year.
Mars colonization, AI development, and neural interfaces are the three areas where Elon Musk has consistently invested his resources, and his wealth is primarily tied to his ownership stakes in Tesla, SpaceX, and his newer ventures like xAI. His current net worth and the development shown by his companies firmly put him on track to reach the trillion-dollar milestone by 2027.
Fan reactions to Elon Musk possibly becoming the first trillionaire
Social media has also been in an uproar over the possibility of Elon Musk hitting the $1 trillion mark, and the news has left his fans divided. The report has also triggered arguments on wealth concentration in the modern economy, although there are others who celebrated the report and praised Musk for his work.
One fan commented:
"Ultimate POWAAAAAH"
Another fan wrote:
"Elon Musk is on track to become the world's first trillionaire by 2027. At this point, Earth is just his startup. Mars is next."
Another fan quipped:
"All that money and still couldn’t make Cybertruck doors that open properly"
A fourth fan opined:
"I believe in capitalism, but this is getting ridiculous. Not saying we abandon the system, but a few tweaks are overdue. There’s no reason for one person to control that much wealth"
A fifth fan remarked:
"When your net worth outpaces nations, you’re not rich, you’re historic"
Yet another fan joked:
"I wonder if he has a mobile banking app and if so, can the number even fit on his screen on the phone?"
Apart from Musk's established projects, he also holds stakes in newer ventures like Neuralink and The Boring Company, which could play an instrumental role in funneling his net worth growth over the next few years. Keeping pace with the 110% annual growth is no mean feat either, and Musk's charge towards the trillion-dollar mark could stall if the growth rates hit a snag.
The report by Informa Connect Academy also lists several other notable figures who are on course to become a trillionaire in the coming years. These include names such as Adani Group's Gautam Adani, NVIDIA's Jensen Huang, Barito Pacific Group's Prajogo Pangestu, LVMH's Bernard Arnault, and Facebook's Mark Zuckerberg.