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As SpaceX IPO nears, traders think it's a near-certainty Musk becomes the first trillionaire

Ananya Chetia· ·1 min read · 0 reactions · 0 comments · 42 views
As SpaceX IPO nears, traders think it's a near-certainty Musk becomes the first trillionaire
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Traders are increasingly confident that Elon Musk will become the world's first trillionaire by 2027, with odds exceeding 90%. The upcoming SpaceX IPO is expected to be a significant event, with Musk denying reports of a lowered company valuation. Analysts suggest a potential merger between SpaceX and Tesla could further enhance Musk's control over the AI ecosystem.

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CNBC — Top files mainly under finance. We currently carry 510 of its stories.

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CNBC — Top · Ananya Chetia
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Original publisherCNBC — Top
Canonical URLhttps://www.cnbc.com/2026/05/29/as-spacex-ipo-nears-traders-think-musk-will-be-the-first-trillionaire.html
Publication timeFri, 29 May 2026 16:32:29 GMT
Retrieval time2026-05-29T16:45:02.305Z
Last seen2026-05-29T16:45:02.305Z
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ClusterGDrbeXiPWFj7 · 2 stories
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Opening excerpt (first ~120 words) tap to expand

Now, the odds show an over 90% chance that Musk will be the world's first trillionaire before 2027. There's seven months left to see that possible record. Traders see roughly similar odds that Musk will be a trillionaire before 2028, placing a 93%.On Friday, Musk also denied a Bloomberg report that SpaceX valuation was lowered on Friday, reaffirming that the rocket and satellite company will have a blockbuster IPO, comfortably dominating against other historic IPO deals. Traders are more certain Musk will reach trillionaire status than a possible merger with his other company, Tesla. Though, analysts like Dan Ives from Wedbush, do expect the companies to merge by next year. A combination of the two companies could make sense.

Excerpt limited to ~120 words for fair-use compliance. The full article is at CNBC — Top.

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