Elon Musk Talks About What His Trillion Dollar Net Worth Will Look Like: 'It's Not Like It's Sitting In...'

Tesla Inc. and SpaceX CEO Elon Musk has fixed an penetration into what his projected trillion-dollar luck could look similar arsenic the commercialized abstraction formation elephantine gears itself up for an IPO this year.

In an interrogation with entrepreneur Peter Diamandis, Musk shared what a trillion-dollar luck would mean. "It truly conscionable represents percent ownership successful companies that I built," Musk said. He added that nett worths are much analyzable than conscionable wealth successful the bank. "It's not similar it's sitting successful a slope account," Musk said.

Breaking down what it represented, Musk shared that companies were doing "useful things," which increases the worth of the companies. "I ain a percent of those companies, and it sums up to that number, which seems high," the billionaire said.

Elon Musk connected him soon becoming a trillionaire: "It truly conscionable represents percent ownership successful companies that I built. It's not similar it's sitting successful a slope account. The companies are doing tons of utile things, the worth of the companies grows, I ain a percent of those… pic.twitter.com/9HaHr7erU0

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The Tesla CEO is presently the richest idiosyncratic connected the planet, with his nett worthy exceeding that of implicit 693 billionaires crossed the world, according to the caller billionaire's database by Forbes.

Since October past year, Musk has reached the $500 billion, $600 billion, $700 cardinal and present $800 cardinal nett worthy milestones, becoming the archetypal idiosyncratic to bash so, ever.

Meanwhile, SpaceX is preparing for a imaginable IPO this twelvemonth pursuing the company's acquisition of Musk's artificial quality startup xAI. The combined valuation of the entity sits astatine astir $1.25 trillion. Musk had hinted astatine a $1.75 trillion valuation for the institution up of the IPO.

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Another important origin for the billionaire is Tesla's caller wage bundle for Musk, approved by investors past twelvemonth successful November during the company's yearly shareholder meeting.

The bundle is tied to milestones, which see 1 cardinal Robotaxis and Optimus Humanoid robots each, 10 cardinal progressive Full Self-Driving (FSD) subscriptions and 20 cardinal conveyance deliveries, among different goals that Musk indispensable execute with Tesla successful bid for the awards to footwear into effect.