Elon Musk’s personal fortune has climbed beyond Sh77 trillion ($600 billion), pushing the tech billionaire closer to becoming the world’s first dollar trillionaire, according to estimates by Forbes.
Rapid Wealth Expansion
Musk’s net worth has grown by roughly 20 percent since October 2025, when it stood at about Sh64.5 trillion ($500 billion). The latest surge has been driven largely by rising valuations across his core businesses, particularly SpaceX.
A Reuters report confirmed that Musk is the first individual to cross the $600 billion threshold, underscoring the unprecedented scale of his wealth accumulation.
SpaceX at the Centre
The increase follows reports that SpaceX, in which Musk holds an estimated 42 percent stake, is preparing for a potential initial public offering (IPO). Early projections place the company’s valuation at around Sh103 trillion ($800 billion).
Some investors cited by Forbes suggest a 2026 IPO could eventually value SpaceX at as much as Sh193 trillion ($1.5 trillion), making it one of the most valuable companies in history.
Even without an IPO, Musk’s stake in SpaceX—valued at approximately Sh43 trillion ($336 billion)—remains his single most valuable asset.
Tesla and Legal Headwinds
Musk also owns about 12 percent of Tesla, a stake valued at roughly Sh25 trillion ($197 billion). However, this figure excludes stock options awarded under his 2018 CEO Performance Plan, which were voided by a Delaware court in January 2024.
Forbes has applied a 50 percent discount to those options, valuing them at Sh8.9 trillion ($69 billion), pending the outcome of Musk’s appeal to the Delaware Supreme Court.
Tesla’s share price has risen 13 percent this year, with additional gains following tests of its robotaxi service without safety supervisors.
Record Compensation and AI Expansion
Recently, Tesla shareholders approved a Sh129 trillion ($1 trillion) compensation package for Musk—the largest executive pay deal ever approved by a public company.
Beyond electric vehicles and space exploration, Musk has expanded aggressively into artificial intelligence through xAI. The start-up is reportedly in advanced talks to raise Sh1.9 trillion ($15 billion) at a valuation of up to Sh29.7 trillion ($230 billion).
A Fortune Still in Motion
Born in Pretoria, South Africa, Musk has built his wealth through ventures spanning digital payments, space technology, electric vehicles, social media, and artificial intelligence. As markets speculate on SpaceX’s public debut, his fortune appears increasingly positioned to challenge a milestone once thought unreachable: the trillion-dollar individual.
