Elon Musk’s Net Worth Hits Record $684 Billion, SpaceX Now Worth $800 Billion
Key receivers
Elon Musk's wealth reaches a record $676 billion for the first time. SpaceX has just been sold for $800 billion following a tender offer.
Share this article
Elon Musk has made history by becoming the first person with a net worth of over $600 billion. His fortune is now estimated at $684 billion, according to Forbes.
SpaceX reached an $800 billion valuation after an insider stock sale, making it the world's most valuable private company.
Musk's fortune is expected to rise if SpaceX goes public. The aerospace company is eyeing an IPO that could raise more than $30 billion at a $1.5 trillion valuation, a deal that could be the largest listing in history, Bloomberg previously reported.
In the wake of Elon Musk's recent rise in net worth, forecast markets are quickly reassessing his long-term wealth outlook.
According to Kalshi data, traders are betting on an 85% chance of Musk becoming a trillionaire by 2029, with confidence rising in recent windows. The market currently sees a 60% chance of the SpaceX CEO reaching the trillion-dollar mark before 2027.
Elsewhere, Tesla stock hit a new all-time high near $490 in the market today. Shares have risen more than 20 percent in the past month on the company's robotaxi pilot.
