Following CNBC's latest report, Morning Brew noted that SpaceX's valuation makes it the most valuable private startup to date and is even more helpful than LVMH–the luxury holding group owning brands such as Louis Vuitton, Moet Hennessy, and TAG Heuer–which is currently valued at £285 billion ($347 billion).

The world could soon see its first trillionaires, with five individuals projected to reach the milestone within the next decade if current trends persist, according to Oxfam's annual inequality report released Sunday reported CNN Business.

A who's who of tech titans, business magnates, and global elites attended President Donald Trump’s 2025 inauguration, including Musk, Bezos, and Zuckerberg.

Alphabet's Google, along with other companies such as Amazon and Meta, donated $1 million each to Trump's inaugural fund. Trump will likely dial back some of the antitrust policies pursued under former President Joe Biden, potentially including a bid to break up Google over its dominance in online search, experts said.

Mr Trump is more transactional than presidents before him, which increases the risk of cronyism and self-dealing. But America’s economy, including its technology industry, is too unwieldy and dynamic to petrify into an actual oligarchy, whatever diplomats and departing presidents say. ■

Trump's inauguration drew several business and tech CEOs, including Jeff Bezos, Mark Zuckerberg, Elon Musk, Tim Cook, and TikTok's Shou Zi Chew.

Behar said the planet's five richest people — Tesla CEO Elon Musk, LVMH owner Bernard Arnault, Amazon founder Jeff Bezos, Oracle founder Larry Ellison, and investor Warren Buffett — have seen their fortunes increase by 114 percent since 2020, and the prospect of someone amassing $1,000 billion — a trillion — is now very real.

Facebook founder Mark Zuckerberg, Amazon CEO Jeff Bezos and Tesla and SpaceX CEO Elon Musk — got prized positions alongside Trump on stage.

WASHINGTON, DC – JANUARY 20: Guests including Mark Zuckerberg, Lauren Sanchez, Jeff Bezos, Sundar Pichai and Elon Musk attend the Inauguration of Donald J. Trump in the U.S. Capitol Rotunda on January 20, 2025 in Washington, D.C. Photo by Julia Demaree Nikhinson – Pool/Getty Images.

"Elon and I have hugged it out," Dimon said, while praising Musk for running multiple high-profile companies such as Tesla, SpaceX and Neuralink.

From owning alcohol brands, to sports agencies to a stake in Uber, Jay Z has amassed a fortune worth $2.5 billion double that of his closest musical competition Taylor Swift.

The United States leads with a record 813 billionaires, followed by China with 473 and India securing the third spot with 200 billionaires.