
By Dannica Ramirez, BuzzFeed Staff
“Democracy is not compatible with wealth this concentrated.”
Posted on Jun 12, 2026
Well, folks, amid rising unemployment rates, gas, and grocery prices in the US (among other things), Elon Musk just became the world's first trillionaire. Yes, a TRILLIONAIRE. SpaceX just went public, and Elon's more than $766 billion stake in the company, paired with his Tesla stake, boosted his net worth to approximately $1.05 trillion. Again, a TRILLION DOLLARS. And, unsurprisingly, the people are tired, disgusted, horrified, and everything in between. Here's how the internet — including Gavin Newsom and Bernie Sanders — is reacting to Elon Musk's trillionaire status:
X: @GavinNewsom / Via x.com














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