Forbes currently estimates Musk's net worth at $826 billion. That is more than double his wealth at the start of 2025 and far ahead of second-ranked Oracle co-founder Larry Ellison, who has $296 billion.
In early April, when SpaceX first filed for a Nasdaq listing, Forbes predicted the move would "ensure Musk's fortune rises above $1,000 billion." He would become the first person in the world to reach that milestone.
According to the latest figures, SpaceX could be valued at $1.7-2.0 trillion in its IPO on June 12, up from the March estimate of $1.5 trillion. Musk currently owns 12% of SpaceX common shares and about 94% of Class B shares, which carry 10 votes each.
AFP calculations show that after the listing, Musk would hold about 42% of the equity and 79% of voting power, equivalent to $735-840 billion.
Musk founded SpaceX in 2002 and expanded the company from rocket launches into satellite internet through Starlink. The company's fast-growing valuation has become one of the biggest drivers of Musk's wealth.
Musk also owns about 12% of Tesla, whose market value is around $1.58 trillion. Nearly all his fortune is tied to shares in Tesla and SpaceX, while cash accounts for less than 0.1%.
Another possible boost could come from Tesla's compensation package. If approved and achieved in full, it could add roughly $1 trillion to Musk's wealth over time.
Some analysts also expect SpaceX and Tesla to become more closely connected in the future, with speculation about a potential merger around 2027.
Source: Theo vnexpress.net.