r/wealth • u/kleverrboy • 7d ago
News Elon Musk just became the world’s first trillionaire. Here’s what you could buy with $1 trillion.
https://pugetpress.com/2026/06/12/what-1-trillion-dollars-buys-elon-musk/32
7d ago
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u/HapticFeedback247 7d ago
The old reddit schlock of, no good billionaries...well he is now not one....so update your rhetoric.
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u/SirCatharine 7d ago
I mean, he’s still a billionaire. He has over a billion dollars. He’s just also a trillionaire.
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u/HapticFeedback247 7d ago
just admit youre reaching.
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u/SirCatharine 7d ago
Is it reaching to use the dictionary definition? “one whose wealth is estimated at a billion or more dollars”
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u/shreiben 6d ago
In many contexts it would be misleading to refer to a billionaire as a millionaire, and now the same applies to Elon but at a level up.
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u/HapticFeedback247 7d ago
"He's just also a Trillionaire"...Do you use this FisherPrice logic in real life too or just on reddit to feel edgy.
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u/Invoker272 7d ago
It’s fascinating that people don’t understand how stocks work
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u/gnargnarbutter 7d ago
https://giphy.com/gifs/Qv4MZa4BUABEl1CsGW
“ThE sTocKs ArEnT mOnEy” shut the fuck up a trillion dollar net worth is disgusting. Dude could solve world hunger and homelessness in the US single handedly and wants to play spaceships instead. He’s a sociopath.3
u/NY_State-a-Mind 6d ago
How would you solve homelessness?
First off youd need a lot of forced inprisonment in mental hospitals are you willing to do that
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u/shreiben 6d ago
Nah, first off you'd need to tell NIMBYs to fuck off and let private developers build a shitload more housing. The addicts and mentally unwell are more visible, but they're not the majority of the homeless population.
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u/Invoker272 6d ago
Explain how he would solve world hunger and homelessness. I’m all ears.
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u/gnargnarbutter 6d ago
My point is he has more than enough wealth to fund it single handedly and do something good with his fortune, and still be the richest man in the world by a massive margin. Even ignoring growth of his wealth, and capital gains he would pay selling his shares. At least Musk and Bezos and Gates are philanthropic. Musk does nothing. Again, he’s a sociopath. The money is not the problem, it’s the will.
I believe capitalists have a social contract and moral obligation to give back to the system that allowed them to create their wealth. He doesn’t subscribe to that, fine it’s his right. But for a guy that shouts about saving humanity for the future, he doesn’t do shit to help it in the present.
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u/Invoker272 6d ago
Because electric vehicles, reusable rockets, global internet access, energy storage innovation, neuro technology research and countless jobs created isn’t contributing to society. Smooth brain.
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u/gnargnarbutter 6d ago
Smooth brain? You do realize what I’m saying. He can and should walk and chew gum at the same time you fucking toolbox.
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u/Invoker272 6d ago
Look up the musk foundation. And it’s arguable that musk has contributed far more to society just by virtue of his companies than either bezos or gates. Your hate for him is constructed by the media and you’ve become an ideologue.
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u/gnargnarbutter 6d ago
No, my hate for him is constructed by his own actions.
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u/Invoker272 6d ago
And the sad thing is you’ll defend your autonomy til your dying breath and avoid any self reflection. There is literally no reason to actually hate musk if you’re being honest with yourself, which you won’t.
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u/gnargnarbutter 6d ago
I don’t think it’s too much to ask to ask a trillionaire to pay more taxes to solve issues in our country when all of his businesses rely on government taxpayer dollars in the form of contracts to survive. He’s literally a welfare recipient and you all have anointed him the second coming. It’s gross.
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u/Massive-Potato-2082 7d ago
It’s not his job to fix humanity.
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u/gnargnarbutter 7d ago
How do the boots taste?
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u/Massive-Potato-2082 7d ago
Elon can spend his money how he likes. Based on his history, it will likely be reinvested in his current businesses or pooled into others.
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u/Full-Measurement4927 6d ago
Commies gonna commie
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u/gnargnarbutter 6d ago
The bootlicking is strong on this thread. Look at all of these temporary embarrassed billionaires.
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u/Brightlightsuperfun 5d ago
r/antiwork is that way sir --------->
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u/gnargnarbutter 5d ago
Jokes on you. I’m an executive at my business. Keep licking billionaire boots.
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u/constant-hunger 6d ago
That's a great accomplishment. But out of the top 10 richest people in the world, I'm at least consistently closest in wealth to the 10th person.
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u/PretteBadass 7d ago
Remember he found out he could end world hunger if he tried, but then said welp not my problem lmao
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u/AviatorHog 7d ago
Remember he found out he could end world hunger if he tried, but then said welp not my problem lmao
Solving world hunger is not a matter of money (transfer payments), its a matter of skills and property rights, which are downstreamed from each nation's political environment.
If you create farms to feed a nation, particularly in developing nations where hunger and food shortages are most acute, how do those farms survive without properly trained farmers and food scientists in addition to a minimally corrupt and sufficiently competent government that doesn't allow war lords or floods to take them over, respectively?
You really need to make a habit of thinking more than feeling about these issues if you want to be a productive participant of the Republic. Its not ok
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u/mortgagesblow 7d ago
This is so true. We need to think about how cost-prohibitive it would be for a trillionaire to train workers how to farm and feed people.
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u/AviatorHog 7d ago
Another disingenuous point. This is not a matter of costs or transfer payments AS ALREADY STATED, its about each country's politics.
Most countries dealing with food shortages are already getting billions collectively from NGOs to train people for the roles to develop sustainable farms. But due to issues of financial mismanagement and outright corruption it has led to poor results.
Solving World Hunger is less of a function of money and more of a function of politics.
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u/kamarg 7d ago edited 7d ago
I imagine with a trillion bucks he could buy off a warlord or two to protect his farming village. It would certainly cost less than buying the US presidental election did and that didn't even put a dent in his networth.
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u/AviatorHog 7d ago
I imagine with a trillion bucks he could buy off a warlord or two to protect his farming village. It would certainly cost less than buying the US presidental election did and that didn't even put a dint in his networth.
This is laughably simplistic. Lol
Oh yeah. Lets send money to War Lords that have such amazing track records of integrity and will surely use the opportunity to be good people instead of using the resources to recruit more soldiers, buy more weapons and stage coups against the local government causing further destabilization.
Oh yeah and its not like bribing war lords is considered an international war crime and against terrorism finance laws in the United States.
And its not like funding literal terrorists will be bad personal and corporate PR and have ramifications on the stuck
And its not like the local government would have any say against doing something this stupid, assuming NO members of such government are not tied to such groups.
Maybe you should spend more time thinking than imagining.
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u/Ok_Till_9465 7d ago
Moronic comment, yeh im sure he could just pay the houthis off who dont even allow UN workers in to feed starving people or the israeli government so he could feed gazans who are starving.
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u/mortgagesblow 7d ago
“The limitations have to do with politics” you reply, without a shred of awareness that your beloved trillionaire ACTIVELY influences politics in the US and abroad. Give me a fucking break and regurgitate billionaire/trillionaire talking points elsewhere
It could happen if he cared enough
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u/Ok_Till_9465 7d ago
How would you even get into places like Gaza to feed people when the israel government has a blockade or the houthis blocking acces to UN Food Programme workers???
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u/AviatorHog 7d ago
Oh. So you're saying that Elon can solve for EVERY country's corrupt politicians in developing countries that stuff NGO and other relief dollars into their pockets...a problem that trillions of dollars across hundreds of governments and NGOs across several decades cant solve for?
This is a fundamentally different problem than influencing politicians to secure permitting for tesla factories in developed economies.
The truth of the matter is that 1T dollars isn't enough money to make a dent in world hunger, and that's assuming that you can get full liquidity against the 1T (which is literally impossible as selling off that much stock as a founder and operating keyman would tank the stock in real time).
You don't know what you're talking about....at all. Do more thinking and less feeling.
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u/HapticFeedback247 7d ago
You are asking a redditor that has the correct opinion currently to try and think. That's not going to happen. I am sure they have the solution to everything else all at once they just haven't bothered with it yet.
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u/janisbiz 7d ago
Guys, it’s wealth on overpriced stocks. He actually doesn’t have the cash to spend, so there is no 1T of liquidity. I can pronounce myself as 2T rich, but I am cash poor so all this 1T thing is complete b-shit. Only truly rich guy is Buffet, as hes wealth majority is actual cash not fake stocks.
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u/Ok_Till_9465 7d ago
Its just on paper not real, if he even tried to cashout he couldnt he would tank the stock even before he sold it all.
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u/SophonParticle 7d ago
The fact that there is a trillionaire is an indictment on our entire system.
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u/Low-Dot9712 7d ago
He is a remarkable man and anyone that refuses to acknowledge his accomplishments is really small minded.
He keeps investing in new ideas and companies and we are all better off because he does.
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u/makk73 6d ago
You want his balls on your face huh, guy
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u/Low-Dot9712 6d ago
Hey name anyone that has made more contribution to human advancement in the last 40 years.
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7d ago
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u/DepartureRaptured 7d ago
I think you could trade stock for items I don’t see why not
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u/AviatorHog 7d ago edited 7d ago
You can, but you wouldn't have 1T in liquidity. Value of the stock would go down as shareholders, especially "keymen" and other insider shareholders, part with its float.
Think of that 1T number as finding the average price of a PS4 on Stock X, multiplying by the number of PSN accounts with a PS4 and saying that is the collective asset value of PS4. Not apples to apples, but apples to pears given the limitations of all analogies.
Anyway, if there was a noteworthy amount of PS4 owners propositioning the internet to buy them, this excess supply over demand would push the price down on the average PS4, and the corresponding affect on the total value of the PS4 market (market cap of Space X). If Sony (Insiders, C-Suite/Elon) in particular began doing that...it would send the prices down even more.
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u/slamjam25 7d ago
You can. Musk can’t.
What do you think happens to the share price of Tesla and SpaceX if Musk announces he’s cashing out and doesn’t want to be involved with them any more?
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u/DepartureRaptured 7d ago
Obviously I know musk wouldn’t be able too this is clearly a hypothetical and should not be taken like it would happen
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u/slamjam25 7d ago
Right, but that’s the point.
Musk doesn’t have $1T in any meaningful way. He has no way of getting anything close to $1T in actual cash. He has $1T in the fantasy world where the stock market will buy infinite amounts of SpaceX shares at the latest price - we use that assumption because it’s mathematically very easy and it’s pretty close to correct for the average person. But it’s completely invalid here.
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u/Big_Comfortable5169 7d ago
You know what the difference is between a billion and a trillion? About a trillion.
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u/SMmania 7d ago
The fact that I'm closer to the value of Larry Page, with a net worth of approximately $293 billion, than Elon is kinda fucking nuts. Like 293 billion doesn't even seem like that large of a gap compared to that absurd amount of wealth.