Elon Musk will be the first Trillionaire.

Elon Musk, the head of Tesla and SpaceX, has seen his fortune grow like a rocket, with Elon Musk amassing a fortune of 72 billion this year.

Despite the global shortage of semiconductors and microchips, electric car company Tesla's revenue and profits hit new records in the third quarter. The company's stock is also steadily rising. The company's stock has risen 18 percent this year.

By this Musk's wealth is growing steadily he could become the world's first trillionaire. This means in a few days his net worth could reach up to 1 trillion.

According to Tesla's third-quarter results, the company had a net worth of 1.62 billion. This is the second time that the company's revenue has crossed 1 billion. The company had a net profit of 331 million in the previous quarter.

Tesla's three-quarter revenue rose 57 percent to 13.8 billion, while profit rose 77 percent to 3.7 billion. The company reported earlier this month that it had built 237,823 vehicles in the first quarter and sold 241,300 vehicles

According to the company's report, Tesla's factories are unable to operate at full capacity due to chip shortages and congestion at ports. But the production team has worked hard to overcome these difficulties.

Elon Musk has a net worth of 242 billion, Musk's total wealth exceeds the combined net worth of Bill Gates and Warren Buffett. And Amazon founder Jeff Bezos is far behind in the list of the richest people in the world.

Bill Gates is the fourth richest person in the world with a net worth of 133 billion, while Buffett is the 10th richest person with a net worth of 105 billion. According to Bloomberg's Billionaire Index, SpaceX alone holds the accounts for 17 percent of Musk's net worth.

And it is likely to increase significantly in the coming days. SpaceX is working very fast in the field of space travel. There are many companies that are working to build rockets and satellites, to build the infrastructure for in-depth space research.

Elon Musk has strongly criticized big tech companies like Google and Facebook. 'He said big tech companies like Google, Facebook have turned to places where young talent dies'.