New Delhi. Tesla and SpaceX CEO Elon Musk is fast moving towards becoming the world’s first trillionaire. Trillionaire means owner of wealth of 1 trillion dollars or more. According to reports, his recent business decisions may increase his wealth rapidly in the coming years. At present he has reached the 600 billion dollar club.
It is being told that Musk’s company SpaceX is preparing to make a tender offer at a value of about 800 billion dollars. If this happens, then Musk’s total wealth may increase by approximately $ 168 billion and his net worth may reach approximately $ 677 billion.
Assets cross $600 billion
According to Forbes, Elon Musk has become the first person in the world whose wealth has exceeded $600 billion. Apart from this, SpaceX is planning to launch an IPO next year at a valuation of around $1.5 trillion, which is expected to further increase Musk’s wealth.
About 12 percent stake in Tesla
Elon Musk holds about 12 percent stake in electric car company Tesla, whose current value is estimated at around $197 billion. This does not include his stock options. Musk’s AI company xAI Holdings is also growing rapidly. This company is preparing to raise new funding at a valuation of $230 billion. Musk has 53 percent stake in it, the value of which is said to be around $60 billion.
Wealth has increased tremendously in the last few years
Musk’s wealth has increased tremendously in the last few years. He joined the 200 billion dollar club in September 2021. His wealth reached $300 billion in November 2021, crossed the mark of $400 billion in December 2024 and $500 billion in October. However, earlier this month, Musk had refuted the reports that SpaceX was raising $800 billion in funding or that NASA was subsidizing his company.
Musk is the richest person in the world
According to Forbes, after Musk in terms of wealth, Google co-founder Larry Page is second after Musk, whose net worth is $253 billion. In third place is Oracle co-founder Larry Ellison, whose wealth is said to be $235 billion.
