Elon Musk’s stock surpassed $1.4 trillion after SpaceX’s shares rose by more than 15% and continued to grow for the third consecutive session. The entrepreneur’s personal wealth now exceeds Bitcoin’s market capitalization, which is about $1.3 trillion. Musk owns 6.07 billion shares of SpaceX (46.4% of the company), and since the IPO for $135 securities have already grown by 62%.

The crypto society’s reaction was quick: expert Scott Melker joked that the fastest way to earn $1 million on Bitcoin is to convince Mask to invest 10% of his fortune in BTC. However, the rise in the wealth of the entrepreneur also caused a political scandal. Senator Elizabeth Warren has criticized a system that allows trillions of people to emerge amid the unavailability of medicine for millions of Americans, and has called for a wealth tax bill.

In response, the co-founder of Solana, Anatoly Yakovenko, sharply criticized Warren’s position, calling the wealth tax "an idiotic tax designed to destroy the means of production." He noted that the forced sale of shares in May would hurt Texas employees who were shareholders and prevent SpaceX from hiring workers and building new facilities in Texas.

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