Elon Musk, CEO of Tesla Inc, has seen his net worth surge in 2026. However, this time the jump isn’t due to a rally in the EV maker’s stock, but rather a result of a merger between two of his own companies.
SpaceX, xAI Merger Boosts Musk’s Net Worth
At the start of 2026, Elon Musk’s net worth was already record-breaking, exceeding the amount needed to buy every MLB, NBA, NFL, and NHL team with money left over.
Key Facts About the Merger
- Combined Valuation: The merger between SpaceX and xAI has resulted in a combined valuation of $1.25 trillion.
- Musk’s Ownership: Musk now owns around 43% of the combined company, with $542 billion of his net worth coming from the SpaceX/xAI tie-up.
- Tesla Ownership: He also owns around 12% of Tesla, which adds $178 billion to his wealth.
- Tesla Stock Options: Tesla stock options valued at $124 billion are also factored into the net worth calculations.
What’s Next For Elon Musk’s Net Worth?
Musk’s net worth has passed significant milestones over the past year, including becoming the first person worth $500 billion, $600 billion, $700 billion, and now $800 billion.
Future Growth Opportunities
- Tesla Pay Package: Musk’s record pay package, approved by shareholders in November, could award him up to nearly $1 trillion in additional Tesla shares if the company hits certain milestones.
- SpaceX IPO: A potential SpaceX IPO in 2026 could see the company valued at $1.5 trillion or higher, taking Musk’s wealth even higher.
With these potential growth opportunities on the horizon, Musk’s wealth appears poised to keep climbing through 2026 and beyond. He remains on track to become the world’s first trillionaire, a matter of when, not if.