Elon Musk’s net worth has, for the first time in history, exceeded $800 billion, reaching $852 billion according to Forbes. The record was made possible by SpaceX’s acquisition of xAI, the developer of the Grok chatbot. The merger created the most valuable private company in the world, valued at $542 billion, of which Musk owns 43% — his most valuable asset.
In addition, the entrepreneur holds 12% of Tesla worth $178 billion and stock options in the company valued at $124 billion. SpaceX reported $8 billion in profit in 2025 on revenue of $15–16 billion. The company had previously planned an IPO in the summer of 2026 to raise up to $50 billion at a $1.5 trillion valuation.
Surpassing the $800+ billion mark cements Musk’s status as the world’s richest person, far ahead of Forbes’ No. 2, Google cofounder Larry Page, whose wealth is estimated at $281 billion. Six months ago, Musk’s assets were valued at under $500 billion, illustrating rapid growth driven by the synergy of his space and AI projects.