Musk Net Worth Hits 600B USD as SpaceX IPO Plans Take Shape

Elon Musk’s net worth has reached $600 billion, making him the world’s richest person, according to Forbes. The milestone reflects rising valuations across his businesses, particularly SpaceX, which is preparing for a potential initial public offering (IPO) in the coming year.

Forbes said Musk crossed the $600 billion net worth mark after sustained gains in private and public holdings. SpaceX valuation discussions have reached around $800 billion, and Musk owns roughly 42% stake in SpaceX. If the SpaceX IPO proceeds at that level, Musk’s net worth could rise to about $677 billion, based on current estimates.

This marks the second major milestone for Musk in recent months. In October, he became the first individual to exceed a $500 billion fortune. The rapid increase highlights strong investor focus on aerospace, artificial intelligence, and autonomous technology, sectors where Musk plays a central role.

• Elon Musk’s net worth hits $600 billion as SpaceX IPO plans gather momentum
• Forbes names Musk world’s richest person amid soaring SpaceX and AI valuations
• Tesla, SpaceX, and xAI fuel Musk’s rapid wealth surge ahead of potential IPO

Musk’s wealth also includes his approximately 12% stake in Tesla. Tesla shares rose nearly 4% after Musk said the company had begun testing autonomous robotaxis without safety monitors in the front seats. Despite pressure from slowing global electric vehicle demand, Tesla stock has gained this year, contributing meaningfully to Musk’s overall wealth.

Another driver is xAI, Musk’s artificial intelligence startup, which is in talks to raise about $15 billion in funding. The discussions reportedly value xAI at close to $230 billion, placing it among the most valuable AI companies globally.

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The expected SpaceX public listing, likely in 2026, is among the most closely watched potential market events worldwide. Analysts say a successful listing could further extend Musk’s lead over other global billionaires. Musk and representatives of SpaceX, Tesla, and xAI did not respond to requests for comment.