Overview
- Forbes pegs his fortune at about $677 billion after a SpaceX tender offer reportedly valued the company near $800 billion, adding roughly $168 billion to his paper wealth.
- Musk owns about 42% of SpaceX, which Forbes now estimates at roughly $336 billion, outpacing his approximate 12% stake in Tesla worth about $197 billion.
- Bloomberg’s Billionaires Index, which applies a private-company discount, shows his wealth nearer to $638 billion, highlighting methodological differences.
- Reports say SpaceX is targeting a 2026 IPO that could value it around $1.5 trillion, a scenario that would further swell Musk’s fortune if realized.
- Musk has said the $800 billion figure does not reflect a new fundraising round, as SpaceX runs cash-flow positive and conducts periodic buybacks; separate reports note an approved Tesla pay package that could grant up to $1 trillion in stock if goals are met.