no. 7.629 x10 ^12 is though
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11^11 power is equivalent to 2.853116706*10^11 in scientific notation
123,000,000,000 in Scientific Notation = 1.23 x 1011
"Half a trillion" or 500 billion would be written exponentially 5 x 10^11 (5 times 10 to the 11th power).On the US "short scale" the value 1 trillion is 1,000,000,000,000 and the scientific notation is 1 x 10^12.(10 to the twelfth power)
1,000,000,000,000