SWFL.io - Local NewsWYATTE GRANTHAM-PHILIPS - AP Business Writer
•6/12/2026
NEW YORK (AP) — 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. All the while, more and more people worldwide are struggling to pay their everyday bills. Many have decried the arrival of the first trillionaire as the latest and most alarming example of that wealth gap.
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.
Thinking about what $1 trillion looks like is almost as astronomical as the interplanetary — and at this point, still far from realized — goals SpaceX has laid out for itself.
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.
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.
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.
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.
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.
To help put that in context, that far surpasses the nearly 137 billion gallons Americans used on finished motor gasoline all last year. And prices at the pump were much less expensive in 2025. Steep oil prices, spanning from the U.S. and Israel's ongoing war against Iran, propelled the national average above $4 a gallon for the first time in four years.
According to Forbes, the second richest person in the world today is Google co-founder Larry Page — who carried a net worth of nearly $293 billion as of Friday morning. That's $707 billion under the trillion dollar mark.
In fact, the combined net worth, as of Friday, of the four men following Musk on Forbes' richest list — which, beyond Page, includes fellow Google co-founder Sergey Brin ($270 billion), Amazon's Jeff Bezos ($251 billion) and Oracle’s Larry Ellison ($230 billion) — amounted to just over $1.04 trillion.
Those fortunes can oscillate by tens of billions of dollars by the day, or sometimes a matter of hours. Musk's own net worth has rapidly ballooned in value. Just last year, his net worth sat at $342 billion per Forbes — up from $195 billion in 2024.