Elon Musk is already the wealthiest individual in the world, ranking hundreds of billions of dollars ahead of the next richest person. The highly anticipated SpaceX/xAI IPO, which could come later this year, could give a further massive boost to the tech mogul’s fortune.



<h2>Elon Musk, Nearly A Trillionaire</h2>



With a current net worth of $666 billion, Musk could hypothetically buy up multiple automaker rivals of Tesla Inc (NASDAQ:TSLA). Or, he could purchase every MLB, NBA, NFL and NHL team.



Bloomberg estimates that $426 billion of Musk's wealth is on account of his 44% stake in the recently merged SpaceX/xAI entity, with assets across space exploration, social media and artificial intelligence. The combined company was recently valued at $1.25 trillion, but Bloomberg has used a previous valuation of $1.03 trillion in its net worth calculations.



More recent reports suggest the SpaceX/xAI combination could be valued at $1.75 trillion with an IPO this year. That could translate to to Musk’s stake being worth $770 billion, implying an increase of $344 billion from the last estimate.



And that, in turn, would nudge the serial entrepreneur’s wealth above a trillion dollars, to $1.01 trillion, assuming valuations of other Musk-linked businesses including Tesla remain at current levels.



<h2>Musk's Wealth History And Future</h2>



The Tesla CEO became the world’s richest person in January 2021, topping Amazon.com founder Jeff Bezos. Musk would hold the title for months, losing it several times to Bezos and LVMH CEO Bernard Arnault in 2022 and 2024.



Musk has held the title fairly consistently over the last two years, briefly losing the title to Oracle co-founder Larry Ellison for one day in September 2025 thanks to a huge rise in Oracle stock. Musk finished 2025 worth $578.64 billion, adding $187 billion to his wealth.



Bloomberg estimates that the majority of his wealth comes from the SpaceX/xAI stake, with an estimated 11% holding in Tesla currently worth around $167 billion. His stakes in other companies such as The Boring Company and Neuralink are worth billions of dollars as well.



Without a SpaceX IPO, Musk could still continue to add to his net worth from rising valuations of his holdings in other businesses, and for meeting certain Tesla milestones that are part of a compensation package worth nearly $1 trillion.



Tesla is currently valued at around $1.2 trillion.



Prediction markets suggest the prospect of Musk becoming the first ever trillionaire is a matter of when and not if. A Kalshi market for who will become the first trillionaire gives Musk a significant edge at 87% odds. Another Kalshi market for when the Tesla chief will hit that mark shows odds of 68% before 2027, 83% before 2028 and 87% before 2029.



Image created using photos from Shutterstock.

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Elon Musk, the world's richest person, could see his wealth soar to $1.01 trillion with a potential SpaceX/xAI IPO valued at $1.75 trillion. Currently worth $666 billion, Musk's fortune is significantly tied to his 44% stake in SpaceX/xAI, estimated at $770 billion post-IPO. Predictions suggest Musk is likely to become the first trillionaire, with high odds of achieving this milestone before 2029, driven by rising valuations of his various business holdings, including Tesla.

- Elon Musk currently holds a net worth of $666 billion, largely attributed to his 44% stake in the SpaceX/xAI merger, which is valued at $1.25 trillion.  
- Predictions suggest that an upcoming IPO could increase Musk's stake to $770 billion, potentially making him the first trillionaire with a total wealth of $1.01 trillion.  
- Musk's wealth continues to grow through various business ventures, with market estimates indicating a high likelihood of reaching trillionaire status by 2029.

SpaceX IPO Could Value Company At $1.75 Trillion: Here's How Much Elon Musk Would Be Worth