Elon Musk Becomes Richest Person Ever After SpaceX-xAI Merger Deal

By Global Leaders Insights Team | Feb 04, 2026

Elon Musk has become the wealthiest person ever following a high-value SpaceX-xAI merger between his private companies SpaceX and xAI, pushing his net worth beyond $800 billion.

The transaction has reshaped global wealth rankings and consolidated Musk’s control over two of the most valuable private technology firms in the world.

The merger values the combined entity at around $1.25 trillion valuation, according to estimates cited by multiple financial trackers. Musk’s personal fortune rose by more than $80 billion following the deal, taking his estimated Elon Musk net worth to about $850 billion.

This places him far ahead of any other richest billionaire globally, with a margin of several hundred billion dollars over the second-richest individual.

  • Elon Musk becomes richest person ever after SpaceX–xAI merger
  • SpaceX and xAI deal pushes Musk’s wealth past $800 billion
  • AI and space merger reshapes global billionaire rankings

Before the merger, SpaceX valuation stood at roughly $800 billion, making it the most valuable private company worldwide. Musk owned about 42 per cent of the rocket and satellite business. xAI valuation, which focuses on artificial intelligence models and products such as the Grok chatbot, was close to $250 billion after recent fundraising rounds, with Musk holding around 49 per cent. After the merger, his combined stake of approximately 43 per cent forms the core of his wealth.

SpaceX’s operations include reusable launch vehicles, government and commercial space missions, and the rapidly expanding Starlink satellite internet network. xAI contributes advanced AI systems, data processing capabilities, and integration with Musk-owned digital platforms. The merger brings these assets under a single corporate structure.

Analysts say the move strengthens SpaceX’s long-term strategy by pairing physical space infrastructure with artificial intelligence systems. It also positions the company ahead of a potential SpaceX IPO, which market observers believe could push its valuation even higher.

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Musk’s wealth has already been built through companies such as Tesla, SpaceX, and xAI. The latest deal cements his financial dominance and highlights investor confidence in large-scale space technology and AI ventures.