According to a new research, Elon Musk, the CEO of Tesla and SpaceX, could become the first person in history to amass a $1 trillion net worth as early as 2024. According to Teslarati, Musk is currently the world's wealthiest man, having surpassed former Amazon CEO Jeff Bezos last year to claim the title. While Musk has emphasised numerous times that material belongings are unimportant to him, eventually selling nearly all of his personal properties as proof, a recent analysis from Tipalti Approve says he might become the first person to ever amass a $1 trillion net worth.Musk's net worth is above $260 billion, according to Forbes' Real Time Billionaires list, over $70 billion higher than Bezos' current estimate of $190 billion. His fortune has risen dramatically in recent years as a result of his controlling ownership of Tesla, which has seen a significant increase in value since 2020. Musk's net worth has soared as a result of SpaceX, and the company could see much greater growth in the next two years."Since 2017, Musk`s fortune has shown an annual average increase of 129 per cent, which could potentially see him enter the trillion-dollar club in just two short years, achieving a net worth of $1.38 trillion by 2024 at age 52," Tipalti Approve, who conducted the study, said in their report."SpaceX generates massive incomes by charging governmental and commercial clients to send various things into space, including satellites, ISS supplies, and people," it added.