Musk’s Trillionaire Milestone Is Step Closer With SpaceX Filing

Among the many takeaways from one of the most hotly anticipated company filings of all time is this: Elon Musk is all but certain to be the world’s first trillionaire.

Musk owns about 5.1 billion shares in SpaceX, according to a prospectus the rocket and AI company released Wednesday, as well as roughly 350 million options with a strike price of $8.39.

His overall net worth would rise to a staggering $1.1 trillion if SpaceX’s IPO prices at $2 trillion, a target valuation previously reported by Bloomberg. Even at a valuation of $1.75 trillion, he’d still reach that unprecedented ...