SMH
·general
·2 hours ago
Musk’s trillionaire status takes wealth gap to a new level
Elon Musk became the world's first trillionaire when SpaceX shares began trading, closing at $161.11, up 20 percent from its initial price. His net worth reached approximately $1.2 trillion, equating to over 3 percent of U.S. GDP. Experts warn that this unprecedented wealth highlights growing inequality, as Musk's fortune vastly overshadows that of the average American household.
Summary by OZbrief · SMH
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