Overview
- Forbes pegs Musk’s net worth at about $677 billion, while Bloomberg’s index shows roughly $638 billion, highlighting different valuation methods for private holdings.
- An internal tender reportedly doubled SpaceX’s valuation from about $400 billion in August to around $800 billion this month, and Musk holds roughly 42% of the company.
- Tesla shares climbed roughly 4% to about $475, touching intraday highs near $482–$489 and lifting the carmaker’s market value to approximately $1.58 trillion.
- Musk said Tesla is testing robotaxis without occupants, following supervised pilots in Austin, with reports indicating plans to extend trials to Phoenix and Nevada.
- Forbes estimates Musk owns about 12% of Tesla and near 53% of xAI, which is in funding talks around a $230 billion valuation that would value his stake at roughly $60 billion.