Particle.news
Download on the App Store

Elon Musk Becomes First Person Worth Over $600 Billion

A SpaceX tender offer valuing the company at $800 billion drove the jump.

Overview

  • The SpaceX tender offer at an $800 billion valuation added about $168 billion to Musk’s paper wealth and cemented SpaceX as his largest asset.
  • Multiple tallies now place his fortune above $600 billion, with some reports estimating roughly $677 billion, reflecting differing valuation methods for private stakes.
  • Forbes ranks Larry Page second at $252.6 billion, leaving Musk ahead by roughly $400 billion.
  • Tesla remains a major contributor through Musk’s roughly 12% stake and a shareholder-approved compensation plan that could grant up to $1 trillion in stock if targets are met.
  • Musk’s AI startup xAI is in advanced talks to raise $15 billion at a $230 billion valuation, and Forbes says a $1.5 trillion SpaceX IPO could make him a trillionaire as soon as 2026.