Overview
- Forbes now pegs Musk’s net worth at roughly $677 billion, making him the first person reported to exceed $600 billion.
- A December internal share repurchase valued SpaceX near $800 billion, roughly double its August mark, according to investors cited by Forbes.
- Musk’s roughly 42% stake in SpaceX is estimated at about $336 billion, which Forbes identifies as his largest asset.
- SpaceX is reported to be preparing a 2026 IPO that could value the company as high as $1.5 trillion, and a shareholder letter obtained by Reuters outlined planned uses from increasing Starship flight cadence to space-based AI data centers and lunar infrastructure.
- Beyond SpaceX, Musk holds about 12% of Tesla and roughly 53% of xAI, with a Tesla pay plan approved in November that could grant up to $1 trillion in shares and xAI funding talks reportedly valuing the AI venture near $230 billion, though these figures remain contingent and volatile.