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Home Technology

Musk on his way to becoming the world’s first trillionaire, wealth crosses $600 billion

by Pratik Tripathi
December 16, 2025
in Technology
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Elon Musk said on Sam Altman's claim of delay in delivery of Tesla car, necessary information was not filled
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New Delhi, December 16 (IANS). Tesla and SpaceX CEO Elon Musk is moving fast towards becoming the world’s first trillionaire and is taking many such decisions, due to which he can achieve this feat in the coming few years. This information was given in the reports.

According to reports, Musk’s company SpaceX is preparing to make a tender offer at a value of $800 billion. With this, Musk’s net worth is estimated to increase by $ 168 billion to $ 677 billion.

According to Forbes, Musk is the first person in the world whose wealth has exceeded $600 billion.

Along with this, SpaceX is preparing to launch an Initial Public Offering (IPO) at $1.5 trillion next year, which is expected to further increase Musk’s wealth.

Musk owns a 12 percent stake in electric car company Tesla, which is valued at $197 billion, which does not include stock options.

Apart from this, Musk’s AI company XAI Holdings is going to raise new funding at a valuation of $ 230 billion and Musk has 53 percent stake in this company and whose valuation is around $ 60 billion.

In September 2021, Musk became the third person to cross the $200 billion wealth mark. His net worth was to reach $300 billion in November 2021, $400 billion in December 2024 and $500 billion in October.

Earlier this month, Musk denied reports that SpaceX was raising $800 billion in funding or that NASA was subsidizing his space company.

According to Forbes, after Musk, in second place in terms of wealth is Google co-founder Larry Page, whose wealth is $ 253 billion. In third place is Larry Ellison with a net worth of $235 billion.

–IANS

abs/

Tags: BusinessIANSScience Technology

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