By Daniel Butcher As of Thursday, 11 June 2026, after rocket, satellite, and AI company SpaceX raised a record $75 billion in its initial public offering, Elon Musk has officially become the world’s first trillionaire. Did he pull himself up by his own bootstraps? Is he a genius? Does he alone deserve the credit for accumulating such wealth? When Elon Musk crossed the trillion-dollar line, many media outlets interpreted it as a verdict on one man’s genius.