Elon Musk is on the verge of making history as the world's first trillionaire following SpaceX's blockbuster IPO, which has valued the company at an astonishing 1.8 trillion dollars. As the largest shareholder, Musk's stake is now worth hundreds of billions of dollars, pushing his overall fortune close to or beyond the one-trillion-dollar mark and widening the gap between him and every other billionaire on the planet.

In this video, we explain how SpaceX's record-breaking listing has transformed Musk's wealth, why he continues to retain overwhelming voting control of the company, and how his fortune compares with the GDP of entire nations such as Taiwan. We also look at his rise through Tesla, SpaceX and the acquisition of Twitter, and examine what this extraordinary milestone means for global business, technology and the future of private space exploration. Watch the full report for all the key facts and analysis.