India, May 21 -- World's richest person, Elon Musk, could soon become the world's first trillionaire as his space and AI company is set to go public. Musk, who owns most of the company's shares, could see his wealth soar and potentially cross the trillion-dollar mark. The SpaceX founder controls 85 per cent of the voting power and owns supervoting Class B shares, which carry 10 votes for every one vote held by Class A shareholders. The rocket-making company has been developing rockets since 2002 and has ambitious plans, including colonising Mars and setting up AI data centres in space.

The IPO is expected to launch next month, giving Musk enough time to market the offering and gain support for the public listing. It will be interesting t...