Elon Musk Responds To Claim His Net Worth Equals Nearly 1% Of Global GDP: '...Just Track SpaceX+Tesla Market Cap'

benzinga_article
2026.03.16 08:36
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Elon Musk stated that his net worth is tied to the market capitalization of Tesla and SpaceX, responding to claims that it equals nearly 1% of global GDP. He emphasized that his wealth reflects the value of his companies, which has surged to over $839 billion, marking a 145% increase from last year. Musk's net worth could rise further with Tesla's new pay package and a potential SpaceX IPO, which is valued at $1.75 trillion. He clarified that his net worth does not equate to liquid assets but rather ownership stakes in his companies.