FILE PHOTO: Tesla CEO Elon Musk gestures as he visits the construction site of Tesla's Gigafactory in Gruenheide near Berlin, Germany, August 13, 2021. Patrick Pleul/Pool via Reuters/File Photo
The richest man in the world, Elon Musk, has marked a new threshold, recording a significant shift in his personal wealth and net worth.
Forbes estimates place the fortune of the Tesla and SpaceX chief at roughly $780 billion, putting him within striking distance of becoming the first individual ever worth $800 billion and bringing the once-unthinkable prospect of a trillionaire closer than ever.
Elon Musk’s net worth nears $800B, is the latest surge in Musk’s net worth is tied less to public markets than to private capital. His artificial intelligence venture, xAI Holdings, recently completed a massive funding round that valued the company at around $250 billion.
That figure represents a dramatic jump from the valuation Musk cited less than a year earlier, when xAI was folded together with his social media platform X.
Musk owns an estimated 49% of xAI Holdings, a stake now valued at more than $120 billion and one of the fastest-growing components of his personal balance sheet.
Musk’s net worth, however, remains anchored in two industrial giants. His 42% stake in SpaceX is now his single most valuable asset, following a series of private share sales that pushed the rocket maker’s valuation to unprecedented levels.
Tesla, long the engine of Musk’s fortune, has slipped into second place but still represents hundreds of billions of dollars in combined stock holdings and options. Together, the two companies account for the majority of his net worth and explain why Musk’s financial trajectory has remained resilient despite volatility in public markets.
Musk became the first person to surpass US$500 billion in net worth in late 2025, then moved past US$600 billion and US$700 billion in rapid succession as favourable court rulings, private valuations, and rising investor enthusiasm converged. Musk is hundreds of billions of dollars richer than rivals such as Larry Page and Jeff Bezos, and far ahead of longtime contender Larry Ellison.
If current valuations hold and Elon Musk’s companies continue to attract capital at their present pace, he might quickly cross the US$800 billion net worth and may become the world’s first trillionaire.
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