Elon Musk Net Worth Tops $600 Billion on SpaceX IPO Hopes

Elon Musk net worth has surpassed the $600 billion mark, setting a historic record, driven by growing expectations of a potential SpaceX initial public offering.

According to recent estimates, Elon Musk net worth could rise further as SpaceX is expected to be valued at around $800 billion, adding significant gains thanks to Musk’s sizable stake in the company.

Musk owns roughly 42% of SpaceX, which has become a key driver of Elon Musk net worth, fueled by expanding satellite launches and commercial space missions.

Additional support comes from his holdings in Tesla, where shares have gained this year despite softer vehicle sales, helped by progress in autonomous driving technology.

At the same time, Musk is expanding his footprint in artificial intelligence through xAI, which is seeking major funding rounds, reinforcing his position in the global tech race.