"Musk's net worth received a significant boost as SpaceX announced an IPO that could value the company at $1.5 trillion, although the final price of the stock has not been announced."
"According to the Bloomberg Billionaire list, Musk's net worth is up $16 billion to $636 billion this year, ranking him No.1 among the richest people in the world."
"Musk has a long-term options deal that, over 10 years, could make his Tesla stock worth over $1 trillion, indicating potential future wealth growth."
Elon Musk's net worth fell early in 2026 as Tesla's stock dropped from $480 to $355, with a market cap of $1.35 trillion. Musk owns 15% of Tesla. However, his net worth rose by $16 billion to $636 billion due to SpaceX's IPO announcement, potentially valuing the company at $1.5 trillion, where Musk holds 45%. Musk's wealth contrasts with other tech billionaires, as many have seen declines. His long-term options deal could further increase his Tesla stock value significantly.
Read at 24/7 Wall St.
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