Musk Breaks New Record of Wealth
According to estimates cited by reports, the transaction placed the newly merged entity’s valuation at around $1.25 trillion. As a result, Musk’s personal net worth reportedly jumped by roughly $84 billion, pushing his total fortune to an unprecedented $852 billion.
Prior to the merger, Musk already owned a substantial share of SpaceX and maintained controlling ownership of xAI. With the two companies now combined into a single business valued at more than $1 trillion, he retains control over a major portion of the enterprise, which has become the central pillar of his overall wealth.
This milestone places Musk ahead of all previously recorded individual fortunes under modern wealth assessments, surpassing historic figures such as John D. Rockefeller as well as contemporary billionaires including Jeff Bezos and Bill Gates.
The transaction has elevated SpaceX to Musk’s most valuable holding. In addition, he continues to own shares in Tesla, along with stock options and an unusually large compensation package approved in November. That package could eventually be worth as much as $1 trillion if Tesla meets its long-term performance goals, including its ambitious “Mars shot” objectives over the coming decade.
The SpaceX–xAI deal marks Musk’s second major corporate merger within a year. In March, he merged his AI startup xAI with the social media platform X, formerly known as Twitter. That earlier move valued xAI at $80 billion and X at $33 billion, approximately matching the amount he paid to acquire Twitter in 2022, not including debt.
Musk’s net worth has surged rapidly over a short period. Within just four months last year, he crossed four major financial milestones. In October, he became the first individual ever estimated to be worth $500 billion, as Tesla’s share price rose sharply after he stepped away from US President Trump’s Department of Government Efficiency to refocus on the automaker. By mid-December, private investors valued SpaceX at $800 billion, doubling its August valuation and lifting Musk’s wealth beyond $600 billion. Just days later, a ruling restored his Tesla stock options, pushing his fortune past the $700 billion mark.
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