Africa in BusinessAfrica in Business

Elon Musk becomes world's first Trillionaire after SpaceX IPO surge

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CEO and founder of SpaceX, Elon Musk has become the world's first trillionaire. This after SpaceX closed almost 20% higher on their trading debut last Friday making the biggest IPO in history. He has officially  been named the world's  richest man, amassing a total net worth of $1.1trillion.

Fight Inequality Alliance says the system that made Musk a trillionaire is the same system that underfunds hospitals, loads countries across Africa, Asia and Latin America with unpayable debt, and then say redistribution is too complicated.

 Ed Pomfret, Communications and media lead at Fight Inequality Alliance joins us to discuss this further.

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