Thursday, June 18, 2026

We Are Going to Start Using the T

©iStock/leremy
The rise of the world's first trillionaire.  The initial public offering for SpaceX crowned Elon Musk the world’s first trillionaire. WSJ’s Theo Francis takes us inside the staggering finances of the world’s richest man, and explores what the impact of his new status might be. 

Elon Musk:  And let me tell you, if people had told me this was going to happen, I was like, "Man, you must be smoking some really good crack." 

Theo Francis:  It's pretty striking. I do our annual ranking of executive pay of CEO pay and every year there's a few CEOs who make a hundred million or more. A hundred million. That's a lot of money. And yet I have to remember to use an M and say million instead of B for billion when you're talking about the wealth of people like Zuckerberg and Bezos and Allison and of course Musk when we're going to have to start using the T. It's a really remarkable moment in terms of individual wealth, and I think the real question is: how far does it go?

Listen to or read the entire interview.

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