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Elon Mask set for dollar trillionaire title as SpaceX plans listing on US stock market

Wycliffe Musalia by Wycliffe Musalia
May 21, 2026
in Technology
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Elon Musk, the world’s richest person, could become the next dollar trillionaire before the end of 2026.,

The world’s richest person, Elon Musk to hit the $1 trillion mark in net worth. Photo/Courtesy.

According to Forbes, the American billionaire’s net worth currently stands at $804 billion (KSh 104.2 trillion).

SpaceX, Musk’s technology company dealing in rockets, satellite internet service (Starlink), and xAI, revealed plans to list on the US stock markets under an Initial Public Offering (IPO)

According to the BBC, the IPO could start in June 2026 with a ticker symbol SPCX, allowing the public to trade shares in the firm.

Musk’s shares at SpaceX

While SpaceX’s market capitalisation stands at $1.25 trillion (KSh 162 trillion), Musk’s (the firm’s majority shareholder) shares could be valued at more than $600 billion (KSh 77.8 trillion).

Should the listing take place, Musk’s net worth could hit $1 trillion.

Tags: Elon MuskSpaceX
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Wycliffe Musalia

Wycliffe Musalia

Wycliffe Musalia is a skilled digital media professional with over 7 years of experience in digital media, editing, social media, writing, and photography. Currently the Editor at News9.africa. Musalia has completed the full Google News Initiative (GNI) News Lab Advance digital reporting workshop and attained full certification. He has undergone Procurement Fraud and Public Finance Management Training conducted by the Kenya Editors’ Guild in collaboration with the Institute of Economic Affairs. He previously spent over a year in a professional capacity as a Business Editor at TUKO.co.ke, news writer at FarmBiz Africa, an editorial intern, digital reporter, and online sub-editor at the Royal Media Services and the Standard Media Group, respectively. Reach out via email: wisemusalia@gmail.com, wycliffe.muslia@news9.africa.

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