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Elon Musk becomes first trillionaire as net worth surpasses altcoin market cap

Elon Musk\'s net worth has surpassed $1 trillion, exceeding the global cryptocurrency market capitalisation excluding bitcoin, according to figures cited by CryptoSlate. Bloomberg\'s Billionaires Index put his wealth at about $1.11 trillion after SpaceX\'s Nasdaq debut valued the company at $2.2 trillion. TradingView data put altcoins at about $880 billion. SpaceX and Tesla hold bitcoin, and Musk has said he personally owns bitcoin, ether and dogecoin.