Elon Musk's Net Worth Is Already Up $10 Billion This Year

"We are seven days into 2026, and Elon Musk's net worth is already up $10 billion to $630 billion, according to the Bloomberg Billionaires Index. Tesla Inc.'s ( NASDAQ: TSLA) stock price is down so far this year, so the gain cannot be attributed to that. Musk owns about 14% of the electric vehicle maker. The value of SpaceX appears to have grown as it moves toward a likely initial public offering."

"Bloomberg says this IPO will be the largest in 2026. Others say it will be the largest of all time. Early indications suggest the IPO could value SpaceX at $1.5 trillion. A month ago, Fortune reported, "SpaceX is preparing to sell insider shares in a transaction that would value Elon Musk's rocket and satellite maker at as much as $800 billion." Musk's ownership in SpaceX is 43%, though he holds 79% of the voting shares."

Elon Musk's net worth rose $10 billion to $630 billion in early 2026. Tesla's stock is down so far this year, and Musk owns about 14% of Tesla. SpaceX's valuation appears to have grown as it prepares an initial public offering that some sources suggest could value the company as high as $1.5 trillion, with earlier estimates near $800 billion; Musk owns 43% of SpaceX and 79% of its voting shares. X merged with xAI, valued at $33 billion and $80 billion respectively, and Musk reportedly owns about half of xAI. Tesla shares fell in 2025 then recovered above $432, and Musk says fully autonomous vehicles are close.

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