“Elon Musk is now personally worth 7,400,000 BTC,” Burnett wrote, adding, “The fastest way for Elon to hit $1 trillion would be to begin buying BTC in size. And he can continue using that capital as collateral to build space and AI companies, while the collateral continues to appreciate measured in USD.”

The SpaceX CEO just woke up $168 billion richer and set the bar for the first person estimated to be worth more than $600 billion.

It is rare for the richest person or the richest family to double the wealth of the next richest. Bill Gates achieved this in 1999 when he reached $90 billion

OpenAI overtook SpaceX as the most valuable private company. SpaceX could soon reclaim the title. It's the latest in the rivalry between Musk and Altman.