Musk Could Become First Trillionaire

November 7, 2025 4:59 am

NEW YORK (AP) — The world’s richest man was just handed a chance to become history’s first trillionaire. Elon Musk won a shareholder vote on Thursday that would give the Tesla CEO stock worth $1 trillion if he hits certain performance targets over the next decade. The vote followed weeks of debate over his management record and whether anyone deserved such unprecedented pay, drawing heated commentary from small investors to giant pension funds and even the pope. It was a resounding victory for Musk, showing that investors still have faith in him as the car company struggles with plunging sales and profits.