How Elon Musk might become the world's first trillionaire

CNBC October 31, 2024
Video Thumbnail

About

Welcome to the official YouTube channel for CNBC. From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. For real-time news updates from around the world, visit: http://www.cnbc.com Don’t miss a market moment, Stream CNBC+ now: http://www.cnbc.com/WatchCNBCPlus For CNBC's International YouTube channel, visit: http://www.youtube.com/cnbcinternational

Video Description

Elon Musk is on track to becoming the world's first trillionaire by 2027, according to a report from Informa Connect Academy. The biggest driver of Musk's wealth has been Tesla stock and his ownership of SpaceX. Federal Reserve data shows the share of wealth controlled by the top 1% has grown dramatically, while the wealth of the bottom 50% has stagnated. Some feel that rising tides lift all boats, while others think wealth concentration can be harmful to society: https://youtu.be/Sesb6tJ4c7c

You May Also Like

Tech Titans' Must-Have Gadgets

AI-recommended products based on this video

Loading...
ivoler 3-Pack Screen Protector Tempered Glass for Nintendo Switch 2 Model 2025, Transparent HD Clear Anti-Scratch Screen Protector Accessories for Nintendo Switch 2, [7.9 inch] ClimatePartner certified
Best Seller

ivoler 3-Pack Screen Protector Tempered Glass for Nintendo Switch 2 Model 2025, Transparent HD Clear Anti-Scratch Screen Protector Accessories for Nintendo Switch 2, [7.9 inch] ClimatePartner certified

(61,148)
$5.79
FREE delivery Thu, Jul 3 on $35 of items shipped by Amazon
10K+ bought in past month
Loading...
Blink Outdoor 4 (newest model) – Wireless smart security camera, two-year battery life, 1080p HD day and infrared night live view, two-way talk. Sync Module Core included – 3 camera system Reducing CO2
Best Seller

Blink Outdoor 4 (newest model) – Wireless smart security camera, two-year battery life, 1080p HD day and infrared night live view, two-way talk. Sync Module Core included – 3 camera system Reducing CO2

(10,544)
$74.99
FREE delivery Fri, Oct 3
10K+ bought in past month
Loading...
GOOACC - GRC-33 240PCS Bumper Retainer Clips Car Plastic Rivets Fasteners Push Retainer Kit Most Popular Sizes Auto Push Pin Rivets Set -Door Trim Panel Fender Clips for GM Ford Toyota Honda Chrysler
Best Seller

GOOACC - GRC-33 240PCS Bumper Retainer Clips Car Plastic Rivets Fasteners Push Retainer Kit Most Popular Sizes Auto Push Pin Rivets Set -Door Trim Panel Fender Clips for GM Ford Toyota Honda Chrysler

(76,396)
$10.92$10.37
FREE delivery Sun, Sep 21 on $35 of items shipped by Amazon
20K+ bought in past month
Loading...
Apple in China: The Capture of the World's Greatest Company

Apple in China: The Capture of the World's Greatest Company

(175)
Loading...
NOCO Boost GB40: 1000A UltraSafe Jump Starter – 12V Lithium Battery Booster Pack, Portable Jump Box, Power Bank & Jumper Cables - for 6.0L Gas and 3.0L Diesel Engines
Best Seller

NOCO Boost GB40: 1000A UltraSafe Jump Starter – 12V Lithium Battery Booster Pack, Portable Jump Box, Power Bank & Jumper Cables - for 6.0L Gas and 3.0L Diesel Engines

(117,789)
$99.95$75.43
FREE delivery Sun, Sep 21
30K+ bought in past month
Loading...
VOLTME Portable Charger, Slim 10000mAh 5V/3A Power Bank, USB C in&Out High-Speed Charging Battery Pack, Travel Essentials Dual Output Compatible with iPhone 16 15 14 13 12 Samsung Google iPad etc

VOLTME Portable Charger, Slim 10000mAh 5V/3A Power Bank, USB C in&Out High-Speed Charging Battery Pack, Travel Essentials Dual Output Compatible with iPhone 16 15 14 13 12 Samsung Google iPad etc

(51)
19.99
PrimeFREE delivery Saturday, June 14 on orders shipped by Amazon over $35
Loading...
ANKER 737 Power Bank, 24,000mAh 3-Port Laptop Portable Charger with 140W Fast Charging, Smart Display, for Outdoor Work, Compatible with iPhone 16/15/14 Series, Vision Pro, Samsung, MacBook, and More

ANKER 737 Power Bank, 24,000mAh 3-Port Laptop Portable Charger with 140W Fast Charging, Smart Display, for Outdoor Work, Compatible with iPhone 16/15/14 Series, Vision Pro, Samsung, MacBook, and More

(13,939)
109.99
FREE delivery Saturday, June 14
9K+ bought in past month
Loading...
UGREEN Nexode Power Bank 20000mAh 130W Portable Charger 72Wh PD Fast Charging 3-Port USB C Battery Pack with TFT Smart Display for MacBook/iPad/iPhone 16/Samsung S24 and More

UGREEN Nexode Power Bank 20000mAh 130W Portable Charger 72Wh PD Fast Charging 3-Port USB C Battery Pack with TFT Smart Display for MacBook/iPad/iPhone 16/Samsung S24 and More

(1,903)
69.99
PrimeFREE delivery Saturday, June 14
500+ bought in past month