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10% of Musk's $1 tn fortune can lift 800 mn out of extreme poverty
short by Vaishnavi Mishra / on Saturday, 13 June, 2026
According to Oxfam, a 10% tax on Elon Musk's $1 trillion fortune could lift over 800 million people above the extreme poverty line. With SpaceX listing on Nasdaq, Musk became the world's first trillionaire. "With $1 trillion, Musk could give $100 to everyone on Earth, and he would still be one of the ten richest billionaires," Oxfam said.
read more at Oxfam International