Elon Musk has become the first person in history to be worth more than $600 billion, and he’s not stopping there.
According to Forbes and multiple financial reports, Musk’s fortune rocketed past the $600 billion mark, thanks largely to the soaring valuation of his space company SpaceX. Recent insider share sales there helped push the company’s worth to around $800 billion, which in turn boosted Musk’s personal wealth by about $168 billion in one shot.
But how did he get here?
SpaceX!
SpaceX, Musk’s rocket maker that aims to take humans to Mars, is now a powerhouse in private tech. With Musk owning about 42 % of the company, its massive valuation jump was the fuel that sent his net worth into uncharted territory.
The company is also preparing for an initial public offering (IPO) in 2026, which could value it at around $1.5 trillion, meaning Musk could be on the fast track to becoming the first trillionaire ever.
It’s not just rocket money. Musk also has a huge stake in Tesla, the electric car maker that continues to grow despite market ups and downs. His roughly 12 % ownership in Tesla adds tens of billions to his fortune, and with the company pushing into AI and robotaxis, that value could grow even more.
He’s also behind xAI, his artificial intelligence venture merging AI with social media, which is attracting big investment talk.
This record-breaking milestone puts Musk billions ahead of the next richest person on Earth and gives a glimpse of how modern billionaires can grow wealth through tech, space exploration, and forward-looking ventures.
For everyday readers, it’s a reminder of how the world’s richest are made these days, not from oil or old industries, but from rocket ships, electric cars, and algorithms that shape the future.
