I just saw this, and honestly, it’s worth analyzing what’s happening right now around Elon Musk’s fortune. The guy replied to Peter Diamandis on X with a simple “$10T o nada” when someone commented that he had already surpassed 800 billion. To put it in context, that would be almost 34% of the total U.S. GDP. Diamandis made an interesting comparison with John D. Rockefeller in 1913, but with a key difference: Rockefeller had oil, Elon has the future. And that future is probably SpaceX.

What’s happening right now is fascinating from a markets perspective. Nearly 200 Wall Street institutions have recently moved to Texas for a SpaceX presentation. Some fund managers are already setting aside money, calculating how much they can buy in the IPO expected to be around $1.5 trillion. The interesting part is that some are considering reducing positions in mega-cap tech, including Tesla, to free up liquidity for SpaceX.

Now, on Stocktwits, sentiment around Tesla is extremely bullish, but with low message volume. Retail traders are watching how all of this plays out. I’ve seen comments like “$400 at the open tomorrow, then $420 by the end of the week.” Tesla is down 13% so far this year, making it the second-worst performer among the Mag7.

But here comes the interesting corporate part. SpaceX is telling IPO investors that no one can remove Elon as CEO or board chairman unless he approves. We’re talking about a dual-class structure where Class B shares have 10 votes each and Elon is expected to control them. Basically, any attempt to oust him would go through the same voting power he controls. It’s a pretty tightly closed corporate circle, honestly. Corporate governance experts say this goes further than the typical dual-class structures in technology IPOs led by founders.

While all of this is happening with SpaceX and Elon Musk’s fortune reaching new dimensions, the guy is also embroiled in a lawsuit with OpenAI. Greg Brockman, the cofounder of OpenAI, is expected to testify on Monday in Oakland. Elon is suing OpenAI, Greg, and Sam Altman, alleging breach of a charitable trust. According to documents filed by OpenAI’s lawyers, Elon recently contacted Greg to ask about a possible settlement, and his response was quite direct: “By the end of this week, you and Sam will be the most hated men in America. If you insist, so be it.”

What catches my attention is that all this dynamic around Elon Musk’s fortune and his companies is moving real markets. It’s not just crypto speculation; it’s Wall Street reserving capital, retail traders watching every move, and corporate structures designed to maintain absolute control. SpaceX’s upcoming IPO could be one of the biggest market events of the decade.