Elon Musk has become the world’s first trillionaire with a net worth of $1.1 to $1.2 trillion, largely from his 42% stake in SpaceX, which reached a $2.1 trillion valuation after its Nasdaq IPO. Surprisingly, he lives in a modest 1,580 sq ft rented home in Boca Chica, Texas, near SpaceX Starbase, while his family resides in a $35 million house in Austin.
