The personal wealth of Elon Musk, the world’s first and only trillionaire, has increased by a record $164 billion (approximately ₹13.7 lakh crore) in just 24 hours. After this historic increase, his net worth has reached $1.27 trillion – which is more than the net worth of legendary investor Warren Buffett. According to the Bloomberg Billionaires Index, this unprecedented increase in Musk’s wealth was due to the huge surge in SpaceX shares. For comparison, Warren Buffett’s total net worth is approximately $148 billion, while Musk has added more to his wealth in a single day.
**Musk is far ahead of the world’s richest people**
After this latest surge, Elon Musk has gone far ahead of the second richest person in the world. Google co-founder Larry Page is at second place in the list of the rich with a net worth of $314 billion. He is followed by Sergey Brin ($292 billion) and Amazon founder Jeff Bezos ($267 billion).
**SpaceX’s spectacular listing was a big reason**
The main reason behind the record increase in Musk’s wealth was SpaceX’s excellent performance in the stock market. The company’s shares rose about 19.6% on Monday to close at $192.46. On Friday, the day of listing on Nasdaq, they were up nearly 19%. With this big jump, SpaceX has become the sixth largest US company by market capitalization. The company raised $75 billion through its IPO by selling 555.56 million shares at a price of $135 per share – a move considered the largest IPO in history.
Musk’s stake has become the main reason for his wealth
According to regulatory filings, Elon Musk owns about 4.8 billion shares in SpaceX and about 350 million stock options. His total stake in the company is around 38%, which is the largest source of his growing wealth.
Target of $1 trillion revenue by 2030
Investors rejoiced over the weekend after Elon Musk said SpaceX could achieve $1 trillion in revenue by 2030. Although the company has reported revenues of $18.7 billion in 2025 and has yet to make a profit, investors are still positive about its future. However, many analysts have warned that SpaceX shares may see huge fluctuations in the initial phase of becoming a public company.
Wealth more than doubled in a few months
Elon Musk’s wealth has increased rapidly in the last few months. His net worth crossed the $500 billion mark in October. In December it exceeded $600 billion and a few days later it crossed the $700 billion mark.