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Journalist predicts the potential impact of Elon Musk becoming the world’s first trillionaire

Journalist predicts the potential impact of Elon Musk becoming the world’s first trillionaire

Musk is set to break another record

The world's richest man is set to be a billionaire by 2027.

Tesla CEO Elon Musk built up his rep from his ownership of X Corp., the company that operates the social media platform X (formerly Twitter), and his role in the founding of the Boring Company, xAI, Neuralink, and OpenAI.

The tech mogul's net worth is currently at 326.4 billion, according to Forbes.

Recently, during a CNN debate, journalists debated Musk’s legacy and the implications of his growing wealth.

Coleman Hughes, a contributor for The Free Press, praised Musk for 'revolutionising' industries, from electric vehicles to medical advancements like Neuralink’s potential to restore sight. Hughes claimed that Musk has done 'a lot for a single lifetime.'

He added: "Not a lot of people can start company after company after company and revolutionise all these different industries."

Musk is set to break records and become the world's first trilionaire (Brandon Bell / Staff / Getty)
Musk is set to break records and become the world's first trilionaire (Brandon Bell / Staff / Getty)

Hughes pointed out that Musk will be remembered for what he achieved and how he changed the world in one lifetime.

Meanwhile, Kara Swisher responded quite differently. She said that because of his bold opinions on X, he is 'tarnishing what was an astonishing array of achievements.'

She continued: "By what he's doing on Twitter [X], he can't help himself because he has a problem with it."

She also mentioned that Musk's achievements heavily relied on funding, including support from the US government.

Scott Jennings, a senior political commentator, defended Musk’s societal contributions and argued that his role is often downplayed by critics.

"This guy plays a role in our society that I think is often diminished by his political opponents," Jennings stated.

The owner of X and Tesla became a big part of Trump's 2024 campaign (Jeff Bottari / Contributor / Getty)
The owner of X and Tesla became a big part of Trump's 2024 campaign (Jeff Bottari / Contributor / Getty)

Swisher went on to say that Musk 'contributes' a lot however he's not 'putting the focus where it needs to be.' Furthermore, his success isn't his alone as his fellow colleagues are often hidden behind his shadow.

"The problem with Elon is that everyone attributes everything to him," describing Gwynne Shotwell, the president and chief operating officer of SpaceX.

Elon Musk is set to become the world’s first trillionaire but lives a bit more modestly than most billionaires. The South African sold his luxurious properties to reside in a foldable, box-style house.

In other news, in a court filing, Musk has argued that X owns all the accounts on the platform and said they can’t be sold without its permission, as part of the platform's TOS.

Musk took over the @America handle during his support of Donald Trump in this year’s US presidential election.

Featured Image Credit: Andrew Harnik / Staff / Brandon Bell / Staff / Getty