Elon Musk Could Become the First Trillionaire by 2027

Elon Musk, the world’s richest person with a net worth of $251 billion, is on track to become the first-ever trillionaire by 2027, according to a report by Informa Connect Academy.

The report shows Musk’s wealth has been growing at an average rate of 110% annually. If this trend continues, the Tesla and SpaceX CEO could surpass the trillion-dollar mark within the next three years.

Musk’s massive fortune stems from his ownership stakes in several major companies, including Tesla, SpaceX, and X (formerly Twitter). His leadership in the electric vehicle and space industries has played a key role in his rapid wealth growth.