Now that the SpaceX initial public offering has made Elon Musk all but officially the world’s first trillionaire, is it okay to despise him just for being one? To broaden the question, are the billionaires associated with widening inequality a bad look for capitalism?
There are competing schools of thought about the accumulation of wealth, among them the anarchist claim that “property is theft” and the Gordon Gekko theory of greed as a star-spangled virtue.
🚨 BREAKING — IT'S OFFICIAL: Elon Musk becomes the world's first TRILLIONAIRE as SpaceX goes public
This is absolutely MONUMENTAL. Congratulations @ElonMusk!
To the moon! 🚀$SPCX is set to start trading at $135 per share imminently, valuing the company around $1.8 TRILLION. pic.twitter.com/hyyMcHC4Rc
— Nick Sortor (@nicksortor) June 12, 2026
Elon Musk becomes world’s first trillionaire as SpaceX shares soar on stock market debut
h/t Mauser
