{"id":1290,"date":"2026-06-12T22:08:41","date_gmt":"2026-06-12T22:08:41","guid":{"rendered":"https:\/\/americanhomejournals.com\/?p=1290"},"modified":"2026-06-12T22:08:41","modified_gmt":"2026-06-12T22:08:41","slug":"zohran-mamdani-has-thoughts-on-elon-musk-becoming-the-worlds-first-trillionaire","status":"publish","type":"post","link":"https:\/\/americanhomejournals.com\/?p=1290","title":{"rendered":"Zohran Mamdani has thoughts on Elon Musk becoming the world’s first trillionaire"},"content":{"rendered":"
\n

New York City Mayor Zohran Mamdani used SpaceX’s historic IPO \u2014 and founder Elon Musk’s newly minted status as a trillionaire \u2014 to push policy.<\/p>\n

Read more My morning sweating it out with Elon Musk fanboys and SpaceX skeptics<\/a><\/p>\n

“Reason #1,000,000,000,000 why we should tax the rich,” Mamdani wrote on X in response to Musk becoming the world’s first trillionaire on Friday.<\/p>\n

Musk reached the financial milestone after SpaceX stock popped upon hitting the market on Friday, trading at $150 per share, above the company’s initial offering of $135.<\/p>\n

Already the world’s richest man, the windfall put Musk leagues ahead of the next richest person, Google’s Larry Page, who now has a quarter of Musk’s wealth.<\/p>\n

Read more SpaceX and Tesla merger chatter is heating up. Here\u2019s how Musk\u2019s companies work together.<\/a><\/p>\n

Mamdani’s response was in line with his politics. The progressive New York City mayor campaigned on taxing the rich, and the city’s new pied-\u00e0-terre tax on multimillion-dollar second homes sparked backlash from some rich residents.<\/p>\n

Musk has spoken out against Mamdani and backed his challenger, Gov. Andrew Cuomo, in the New York mayoral race last year.<\/p>\n

Mamdani has said that he and Musk share one goal: focusing on efficiency and eliminating waste. Mamdani last month announced he was launching a Commission on Government Efficiency, essentially New York City’s answer to the Musk-led DOGE office in the White House.<\/p>\n

Read more The SpaceX IPO just created one of the biggest wealth events in Silicon Valley history. Here are the winners.<\/a><\/p>\n<\/section>\n","protected":false},"excerpt":{"rendered":"

Zohran Mamdani, NYC mayor, reacts to Elon Musk’s trillionaire status following SpaceX IPO, pushing for higher taxes on the wealthy.<\/p>\n","protected":false},"author":1,"featured_media":1289,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[],"class_list":["post-1290","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-politics"],"yoast_head":"\nZohran Mamdani has thoughts on Elon Musk becoming the world's first trillionaire - American home journals<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/americanhomejournals.com\/?p=1290\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Zohran Mamdani has thoughts on Elon Musk becoming the world's first trillionaire - 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