Elon Musk has become the world’s first trillionaire following SpaceX’s successful IPO, with shares surging. New York City Mayor Zohran Mamdani seized the moment to advocate for taxing the wealthy, proposing a new tax on luxury second homes. This move targets billionaires and aims to generate revenue, though critics express concerns about investment impact. Elon Musk has become the world’s first trillionaire following SpaceX’s successful IPO, with shares surging. New York City Mayor Zohran Mamdani seized the moment to advocate for taxing the wealthy, proposing a new tax on luxury second homes. This move targets billionaires and aims to generate revenue, though critics express concerns about investment impact.
