Elon Musk Becomes 1st Person to Hit USD 600 Billion in Net Worth
In December 2025, American Magazine, Forbes announced that Elon Musk, Chief Executive Officer (CEO) of SpaceX and Tesla, became the first person in history to surpass a net worth of USD 600 billion.
In December 2025, American Magazine, Forbes announced that Elon Musk, Chief Executive Officer (CEO) of SpaceX and Tesla, became the first person in history to surpass a net worth of USD 600 billion.
- What? World’s 1st Person to Hold USD 600 billion
- Who? Elon Musk, CEO of SpaceX and Tesla
- Announced by: Forbes
- Key Reason: SpaceX’s IPO worth USD 800 billion
- Net Worth Stands at: USD 677 billion
Key Details:
Wealth Surge: This surge in Elon Musk’s wealth is primarily due to the announcement of SpaceX going public with an USD 800 billion valuation, which added USD 168 billion to his net worth in a single day, bringing it to an estimated USD 677 billion.
IPO in 2026: Elon Musk, holding an estimated 42% stake in SpaceX, is gearing up for an Initial Public Offering (IPO) in 2026, which could potentially value the company at USD 1.5 trillion.
Tesla Shares: He also holds nearly 12% stake in Electric Vehicle (EV) company Tesla, shares of which have increased by 13% this year, despite slowing sales.
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- In November 2025, Tesla shareholders approved a USD 1 trillion pay package for Musk, the largest in corporate history.
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