{"id":880513,"date":"2025-12-25T01:13:08","date_gmt":"2025-12-25T07:13:08","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2025\/12\/25\/elon-musk-becomes-first-person-to-exceed-600bn-in-net-worth\/"},"modified":"2025-12-25T01:13:08","modified_gmt":"2025-12-25T07:13:08","slug":"elon-musk-becomes-first-person-to-exceed-600bn-in-net-worth","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2025\/12\/25\/elon-musk-becomes-first-person-to-exceed-600bn-in-net-worth\/","title":{"rendered":"Elon Musk Becomes First Person to Exceed $600bn in Net Worth"},"content":{"rendered":"
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Elon Musk<\/a> has become the first person in history to see his net worth rise above $600 billion, with his fortune estimated at $677 billion as of 12 p.m. U.S. Eastern Time on Monday, according to Forbes.<\/p>\n

The sharp jump in his wealth is mainly tied to a fresh surge in the value of his space company, SpaceX. Earlier this month, SpaceX completed a tender offer that priced the company at about $800 billion, doubling its valuation from $400 billion in August, based on figures shared by investors quoted by Forbes.<\/p>\n

Musk is believed to own around 42% of SpaceX. The new valuation added roughly $168 billion to his personal fortune from that stake alone.<\/p>\n

The tender offer comes as SpaceX positions itself for a possible initial public offering (IPO) in 2026. One investor told Forbes that the company could be valued at around $1.5 trillion if it lists. Such a valuation would likely push Musk toward becoming the world\u2019s first trillionaire, even before accounting for future gains from his other companies.<\/p>\n

Forbes estimates that Musk\u2019s interest in SpaceX, now put at about $336 billion, is his single largest asset. It has overtaken the value of his roughly 12% stake in Tesla, worth an estimated $197 billion.<\/p>\n

He also holds Tesla stock options from his 2018 CEO performance award. These options were voided by a Delaware judge in January 2024, and Forbes has discounted their value to $69 billion pending the outcome of his appeal before the Delaware Supreme Court.<\/p>\n

Musk\u2019s AI company, xAI Holdings, is another major driver of his net worth. The firm is reportedly raising new capital at a valuation of about $230 billion, more than double the $113 billion figure he referenced when forming xAI in March through a merger with his social media platform<\/a> X. Musk owns around 53% of xAI Holdings, a stake estimated at about $60 billion.<\/p>\n

With an estimated $425 billion lead over the world\u2019s second-richest person, Google co-founder Larry Page, Musk is now closer to a $700 billion net worth than he is to losing his position as the world\u2019s richest individual.<\/p>\n<\/p><\/div>\n

Ukpono Nsima
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Elon Musk has become the first person in history to see his net worth rise above $600 billion, with his fortune estimated at $677 billion as of 12 p.m. U.S. Eastern Time on Monday, according to Forbes. The sharp jump in his wealth is mainly tied to a fresh surge in the value of his<\/p>\n","protected":false},"author":1,"featured_media":880514,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1603,673],"tags":[6554,5719],"class_list":["post-880513","post","type-post","status-publish","format-standard","has-post-thumbnail","category-becomes","category-first","tag-becomes","tag-first"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/880513","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=880513"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/880513\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/880514"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=880513"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=880513"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=880513"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}