As Elon Musk’s personal fortune is expected to surpass $1 trillion with tomorrow’s SpaceX IPO, making him the world’s first trillionaire, a new Oxfam analysis reveals Musk would be richer than the poorest 46% of the world population, or 3.8 billion people, combined. Hitting $1 trillion would mean Musk’s wealth grew by over $550 billion over the past year, equivalent to an average rate of over $1 million per minute. According to Oxfam, such extreme concentrated wealth is symptomatic of decades of pro-billionaire politics that have allowed the ultra-rich to write economic rules in their favor.