From Tesla's IPO to SpaceX going public, how did Musk pave the way to becoming the world's first trillionaire?

1. 2010s: Wealth accumulation begins 1) June 2010: Tesla landed on the Nasdaq, with an IPO price of $17, Musk's stake exceeding 20%, and wealth beginning to take shape. 2) 2018: Tesla experienced a production crisis, but the delivery of the Model 3 pushed the company to a full recovery, with the stock price returning to its previous high. 2. 2020: The year of explosive wealth 1) January 2020: Tesla's market value exceeded $100 billion, triggering Elon Musk's stock option reward plan. 2) July 2020: Tesla achieved profitability for four consecutive quarters, causing a surge in stock price, with Musk's wealth surpassing $70 billion, entering the top five globally for the first time. 3) August 2020: Musk's wealth exceeded $100 billion, making him the fifth person in history to reach billionaire status. 4) November 2020: SpaceX's "Crew Dragon spacecraft" completed its first manned test flight in May and officially started manned flights in November, marking the beginning of the era of commercial manned spaceflight, with the company's valuation reaching $46 billion. 3. 2021: First time as the world's richest person 1) January 2021: Tesla's market value exceeded $800 billion, Elon Musk's wealth reached $185 billion, surpassing Bezos to become the world's richest person for the first time. 2) October 2021: Tesla's market value exceeded $1 trillion, SpaceX's valuation rose to $100 billion, and wealth exceeded $300 billion. 4. 2022-2023: Fluctuations and adjustments 1) End of 2022: Tesla's stock price shrank to about $130 billion due to interest rate hikes, causing Musk's wealth to briefly lose the position of the richest person. 2) First half of 2023: Tesla's price reduction strategy boosted sales, the AI boom pushed the stock price to rebound sharply, and wealth surged, reclaiming the position of the world's richest person. 5. 2024-2025: New era of wealth 1) January to July 2024: Thanks to Tesla's delivery volume exceeding expectations, the Robotaxi release plan, and the AI boom, Elon Musk's wealth rebounded strongly from a low point of around $170 billion at the beginning of the year to over $270 billion. 2) December 2, 2024: Tesla's stock price surged, and Elon Musk's wealth surpassed the $400 billion mark for the first time. 3) October 1, 2025: Tesla's stock price continued to rise, making Elon Musk the first individual globally with a net worth exceeding $500 billion. 4) December 15, 2025: SpaceX's valuation doubled within a month, jumping from around $350 billion to $800 billion, Elon Musk's wealth surpassed $600 billion, setting a new record for personal wealth. 5) ??: If SpaceX is valued at $1.5 trillion as planned for its IPO next year, Musk could become the first trillionaire in history.