The question of whether Elon Musk will become the world’s first trillionaire has been on everyone’s mind for a long time, as he continues to inch closer to adding more zeroes to his net worth. On Monday, Forbes reported that he became the first person to reach a net worth of $600 billion. This follows news that his SpaceX startup could go public with a valuation of $800 billion (approximately Rs 66.4 lakh crore), up from $400 billion (approximately Rs 33.2 lakh crore), Forbes reported.
SpaceX IPO in 2026
Musk, who had already become the first person ever to surpass $500 billion in net worth in October, holds an estimated 42 per cent stake in SpaceX. The company is expected to go public next year, Reuters reported.
If the SpaceX IPO succeeds, the company could be valued at $1.5 trillion (approximately Rs 124.5 lakh crore). Forbes estimates that such a valuation could increase Musk’s wealth by $168 billion (around Rs 13.94 lakh crore), raising his total net worth to $677 billion (roughly Rs 56.19 lakh crore).
The outlet further noted that even without the IPO, Musk’s holdings in SpaceX would likely make him a trillionaire. His most valuable asset remains SpaceX, valued at $336 billion (₹27.88 lakh crore).
According to the Forbes Real-Time Billionaires List, the 54-year-old has a net worth of $508 million. Google co-founder Larry Page ranks second with an estimated fortune of $253.3 billion, followed by Oracle founder Larry Ellison in third place with a net worth of $235.3 billion.
Musk’s holdings in Tesla
This is followed by his 12 per cent stake in Tesla, currently worth $197 billion (about Rs 16.35 lakh crore).
In November, Tesla shareholders approved a $1 trillion (Rs 82.8 lakh crore) compensation plan for Musk, which is touted as the largest corporate pay package in history. This move highlights investor confidence in his vision to transform Tesla into a leader in AI and robotics.
Tesla shares have risen 13 per cent this year despite slower sales and jumped nearly 4 per cent on Monday after Musk revealed that the company is testing robotaxis without safety monitors in the front passenger seat.
Musk’s artificial intelligence startup, xAI, is reportedly in advanced talks to raise $15 billion (Rs 1.242 lakh crore) in new funding at a valuation of $230 billion (Rs 19.044 lakh crore), Forbes reported. When Musk formed xAI in March and merged it with his social media platform X (formerly Twitter), he had valued it at $113 billion (Rs 9.356 lakh crore), Forbes reported.