Elon Musk‘s net worth in 2025 has reportedly climbed past the $600 billion mark. This comes after a fresh valuation boost for SpaceX. It has put him closer than ever to the long-discussed trillionaire threshold. The increase follows a recent tender offer that investors say values SpaceX far higher than it did just months ago.
Elon Musk is reported to be the first ever to cross $600 billion in net worth
Forbes reported that a recent tender offer and internal pricing moves put SpaceX at roughly $800 billion, up from about $400 billion in August. Musk owns an estimated 42% of SpaceX, that move added more than $160 billion to his estimated wealth, lifting his total to roughly $677 billion as of the latest estimate.
SpaceX is said to be targeting an IPO in 2026. At some investor levels, the company could be priced far higher. Figures as large as $1.5 trillion have been mentioned in reporting. If SpaceX ultimately reaches those heights in a public offering, it would be the single biggest driver of further additions to Elon Musk’s net worth.
Musk’s stake in SpaceX is now his largest single holding, Forbes has estimated. It eclipses the 12% stake he still holds in Tesla. Musk’s Tesla stake has also risen in value this year as the electric vehicle maker’s stock recovered some ground. Forbes noted the company’s share gains and the large pay package approved for Musk in November. It could add substantial value if long-term targets are met.
Elon Musk also has interests beyond SpaceX and Tesla that add to his tally. Reports indicate that his xAI company is in talks to raise fresh funding at a valuation of nearly $230 billion, and combined holdings across his firms have helped the billionaire transition to an unprecedented level of wealth for an individual.
