Elon Musk is a threat to democracy, and now also a trillionaire (same thing, really)

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  • Post last modified:13 June 2026

Elon Musk has been all over the headlines today, 12 June, as he tips over the threshold to become the world’s first trillionaire. And inevitably, Musk is a walking, talking argument against the existence of such wealth — which he uses to oppose democracy and amplify the far-right around the world. The real-life Bond villain (thanks, Financial Times) owes his latest windfall to SpaceX. The company, of which Musk is the majority shareholder, makes its initial public offering at a value of around $1.8tn. Of course, once any individual’s personal wealth enters the billions — never mind the trillions — it…

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