US entrepreneur Elon Musk’s net worth soared past $800 billion as SpaceX acquired his artificial-intelligence firm xAI, establishing him as the wealthiest person in history. With a net worth of approximately $852 billion, Musk outstrips Google co-founder Larry Page, the world’s second-wealthiest individual, by nearly $578 billion. The merger propelled the company’s total value to $1.25 trillion and boosted Musk’s fortune by about $84 billion.
Before the merger, Musk held around 42% of SpaceX valued at $800 billion and nearly 49% of xAI valued at $250 billion post a recent private fundraising round. Following the merger, Musk’s stake in the combined entity increased to 43%, valued at about $542 billion, with SpaceX emerging as his largest holding by a significant margin. Musk also retains about 12% of Tesla, valued at roughly $178 billion, in addition to Tesla stock options estimated at $124 billion.
Over the past four months, Musk has achieved various wealth milestones, surpassing $500 billion, $600 billion, and $700 billion, driven by SpaceX valuation gains and a Delaware Supreme Court ruling that reinstated his Tesla options. Musk has announced plans for SpaceX’s Starship to deploy more powerful V3 Starlink satellites into orbit by 2026, with each launch increasing the constellation’s capacity by over 20 times compared to the current Falcon launches of the V2 Starlink satellites.
This advancement will enable launches every hour, carrying 200 tons per flight, ultimately transporting millions of tons to orbit and beyond, as per Musk’s vision. Additionally, Starship will launch the next generation of direct-to-mobile satellites, ensuring complete cellular coverage worldwide.
