The Economic Times

$1,000,000,000,000: The larger story of Musk, the first trillionaire, lies not in wealth, but in power, tech and governance

Elon Musk's trillion-dollar valuation marks a new era in capitalism. This unprecedented wealth reflects a changing dynamic between technology and power. Private entities now wield influence once held by nations. Markets are valuing future possibilities over present products. Societies face the challenge of governing this new scale of economic power as institutions struggle to keep pace with rapid technological change.