Elon Musk, the richest person in the world, is estimated to be worth $465 billion. However, his wealth could more than double and reach nearly $1 trillion if SpaceX completes its planned initial public offering (IPO) next year.
Current Wealth and Holdings
Musk’s wealth is heavily tied to his stake in Tesla Inc, with estimates for his stakes in privately held companies like SpaceX, Neuralink, and x.ai. Bloomberg assigns a value of $136 billion to Musk’s 42% stake in SpaceX. A $1.5 trillion valuation for SpaceX with an IPO would take Musk’s stake in the company to a new value of around $625 billion, more than he is worth today.
SpaceX IPO Could Rocket Musk’s Wealth in 2026
Musk appeared to confirm reports of a potential SpaceX IPO in 2026 with a social media post. The latest report sees SpaceX raising over $30 billion at a $1.5 trillion valuation in the largest stock market debut ever. This could provide investors with an opportunity to invest in the space company and its future endeavors, allowing for more accurate calculations of Musk’s wealth.
Potential Impact on Musk’s Wealth
Including his stake in Tesla and other sources of wealth, Bloomberg estimates Musk would be worth $952 billion after a SpaceX IPO. Demand for a SpaceX IPO could be huge from retail traders, and valuations for Tesla and xAI could continue to rise, making Musk’s becoming the first trillionaire a matter of when, not if.
Prediction Markets and Musk’s Trillionaire Status
Prediction markets show a strong likelihood that Musk will be the first trillionaire. On Kalshi, a market for who will be the first trillionaire shows:
- Elon Musk: 66%
- Mark Zuckerberg: 10%
- Larry Page: 7%
- Larry Ellison: 6%
- Jensen Huang: 6%
Another Kalshi market for when Elon Musk will become a trillionaire shows:
- Before 2026: 2%
- Before 2027: 33%
- Before 2028: 60%
- Before 2029: 50%
- Before 2030: 50%
Musk’s Wealth Over Time
Musk became the world’s richest person in January 2021 and has held the title many times over the last five years. In 2022, Musk earned a Guinness World Record for the biggest drop in wealth, losing an estimated $200 billion as Tesla shares fell. With Tesla stock soaring in late 2024, Musk became the first person to ever hit the $400 billion wealth figure. Tesla shares are up 17.4% year-to-date in 2025, which has helped Musk’s wealth increase $32.6 billion on the year.
Conclusion
Musk’s wealth has been closely tied to Tesla’s value, but a potential SpaceX IPO could better value his assets and see him top the wealth chart by a significant amount. As the world waits for the SpaceX IPO, one thing is certain: Elon Musk’s path to trillionaire status is looking more likely than ever.