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Elon Musk set to become the world's first trillionaire

Elon Musk set to become the world's first trillionaire


Elon Musk set to become the world's first trillionaire

NEW YORK — Catapulted by the market debut of his rocket company SpaceX, Elon Musk could become the world's first trillionaire by the end of the day.

That level of wealth, all owned by just one person, was once unfathomable. Before Friday, the trillion dollar mark was reserved for measures like the GDP or staggering debt of a handful of major economies — and, in the last decade alone, the value of some of the biggest companies to ever trade on the stock market.

Musk's new title arrives amid a wider acceleration for the richest of the rich. Year after year, his former (although now very distant) billionaires club has reaped a growing number of members — from tech titans to celebrities. 

The number “one trillion” is hard in itself for the human mind to comprehend. One trillion dollars is a thousand times greater than $1 billion. And a million times more than $1 million.

Still, here are some ways to think about how far that amount of money could go.

To the moon and back, over 200 times

In terms of physical cash, one trillion U.S. dollar bills laid end to end would stretch nearly 97 million miles (or almost 156 million kilometers). That would account for the distance of more than 200 round trip journeys to the moon — which NASA says sits an average of 238,855 miles (nearly 384,400 kilometers) away from Earth. It would also surpass the roughly 93 million miles (about 150 million kilometers) between Earth and the sun.

$122 for every person on Earth

There are nearly 8.2 billion people living on Earth today, per the latest numbers from the U.S. Census Bureau. If $1 trillion was divided among the entire population, each person would receive almost $122.

Double the GDP of South Africa

One trillion dollars is more than double the annual GDP of South Africa, the country where Musk was born. According 2026 numbers from International Monetary Fund, the nation’s output of goods and services stands at nearly $480 billion.

Only about 21 countries in the world have a GDP over the trillion dollar mark today. The U.S. and China lead the pack at more than $32.38 trillion and $20.85 trillion, respectively, but that's far ahead most other economies.

2.5 million homes in the US

Houses sold in the U.S. have a median sales price of about $403,200, per the latest numbers from the Federal Reserve Bank of St. Louis. With $1 trillion, you could buy nearly 2.5 million homes at that cost.

243 billion gallons of gas

At current U.S. gas prices — which averaged at nearly $4.11 a gallon Friday per AAA — $1 trillion could buy more than 243 billion gallons of regular fuel.