Elon Musk’s net worth has surpassed $600 billion, strengthening his position as the world’s richest person, according to Forbes. The surge is driven mainly by expectations around a potential SpaceX initial public offering.
Forbes estimates that SpaceX could be valued at nearly $800 billion if it goes public. Elon Musk reportedly owns about 42% of the space company.
A public listing could add roughly $168 billion to his wealth. This would take Elon Musk’s net worth close to $677 billion.
Musk’s fortune is also supported by his stake in Tesla. He owns around 12% of the electric vehicle company. Tesla shares have climbed 13% so far in 2025, despite lower vehicle sales.
Tesla stock rose another 4% on Monday. The increase followed Musk’s announcement that Tesla had started testing robotaxis without front-seat safety monitors.
Investor confidence remains high. In November, Tesla shareholders approved a $1 trillion pay package for Musk. It is the largest compensation deal in corporate history.
Musk’s artificial intelligence firm, xAI, is also expanding. The company is expected to raise $15 billion in new funding. Its valuation could reach $230 billion.
With major stakes in Tesla, SpaceX, and xAI, Elon Musk’s net worth continues to grow. His influence now spans electric vehicles, space exploration, and artificial intelligence.
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