Musk Becoming Trillionaire Yields Warren Call for Wealth Tax

June 12, 2026, 4:24 PM UTC

Democratic Senator Elizabeth Warren renews her call for a wealth tax as Elon Musk becomes the world’s first trillionaire, saying it would take the typical American household more than 11 million years of work to gain that amount of wealth.

  • Warren posts on X
  • Independent Senator Bernie Sanders, who often votes with Democrats, also uses the occasion to renew his calls for lifting the cap on taxable income for Social Security
    • Sanders posts on X
  • NOTE: Elon Musk Becomes World’s First Trillionaire After SpaceX IPO

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