Elon Musk Becomes the First Person Worth $600 Billion as SpaceX Soars to an $800 Billion Valuation

Elon Musk Surpasses $600 Billion: What This Means for the Future of Business

Elon Musk has set a new milestone in world business history by becoming the first individual whose net worth has crossed the $600 billion mark, with Forbes estimating his fortune at around $677 billion. The dramatic jump comes on the back of a new SpaceX tender offer that values the private space company at about $800 billion, instantly adding roughly $168 billion to Musk’s personal wealth. This development cements his status as the world’s richest person by a huge margin, with a lead of more than $400 billion over the second‑richest billionaire.

How SpaceX’s $800 Billion Valuation Changed the Game

SpaceX recently launched an insider share sale and tender offer that priced the company at approximately $800 billion, effectively doubling its valuation from around $400 billion just a few months earlier. The deal involves SpaceX and investors buying up to about $2.56 billion worth of shares at $421 each, giving existing shareholders liquidity while resetting the benchmark for the company’s worth. Because Musk owns an estimated 42 percent stake in SpaceX, this revaluation alone boosted the value of his holding by roughly $168 billion in a single move. With this, SpaceX has become his most valuable asset, overtaking Tesla and positioning itself as one of the world’s most valuable private companies.

Breakdown of Musk’s $677 Billion Fortune

At the new valuation, Musk’s SpaceX stake is now worth an estimated $336 billion, accounting for roughly half of his overall net worth. His 12 percent shareholding in Tesla is valued at around $197 billion, excluding a controversial 2018 CEO performance award package whose stock options Forbes currently discounts by 50 percent pending a legal appeal. On top of this, Musk’s ownership in his AI startup xAI, his remaining exposure to X (formerly Twitter), and other assets add tens of billions more, pushing the total figure to the landmark estimate of $677 billion. The speed of this rise is striking: Musk’s wealth reportedly stood near $25 billion in early 2020, meaning his fortune has multiplied more than 25 times in roughly five years.

SpaceX IPO Buzz and the Trillionaire Question

The $800 billion tender offer is closely tied to preparations for a potential SpaceX initial public offering, which executives have signaled could come as early as 2026. Internal communications cited in reports say the company is “getting ready” for an IPO aimed at funding an “insane flight rate” for its Starship rocket program, space‑based AI data centers, and even lunar base ambitions. Some analysts and media outlets suggest that if market conditions are favorable, an eventual listing could value SpaceX at $1.5 trillion or more, which would likely push Musk’s net worth past the symbolic trillion‑dollar line. That would make him not only the richest person ever, but the first individual trillionaire, fueled by demand for satellite internet via Starlink and deep‑space missions.

Why 2025 Became “The Year of Elon Musk”

Commentators have described 2025 as a defining year for Musk, with SpaceX’s valuation spike adding to earlier gains driven by a Tesla stock rebound and rising investor enthusiasm for his AI company xAI. As Starlink expands globally and prepares direct‑to‑mobile services, and Starship moves closer to higher‑frequency launches, markets increasingly treat SpaceX not just as a rocket company, but as a multi‑sector infrastructure and technology giant. This narrative has made Musk the central figure in several key world news themes—commercial spaceflight, satellite internet competition, electric vehicles, and AI—concentrating enormous financial power in one individual.

Global Market and Policy Implications

Musk’s unprecedented wealth raises fresh questions about the concentration of economic influence in privately controlled tech and space companies that sit at the crossroads of national security, communications, and transport. SpaceX’s dominance in commercial launches and satellite broadband, combined with Musk’s outsized role in EVs and AI, means regulators and governments will increasingly watch his businesses when crafting antitrust rules, space law, and digital infrastructure policies. For investors, the SpaceX revaluation offers a preview of how private‑market pricing and future IPOs in sectors like space, AI, and clean tech could rapidly reshape global billionaire rankings and capital flows.