Elon Musk In 2026 he will remain one of the wealthiest people in the world, with most of his wealth tied to companies including Tesla, SpaceX, X, Neuralink, and XAI. In the last two years, Musk has also remained at the center of political controversy due to his close ties To donald trump and his leadership role at the Department of Government Efficiency (DOGE). On May 28, 2025, Musk announced that his time as a special government employee in the Trump administration had ended, writing on Twitter, “I want to thank President @realDonaldTrump for the opportunity to reduce wasteful spending,” while adding that “The @DOGE mission will only grow stronger over time as it becomes a way of life across government.”
Since then, Musk has been making headlines for both his business ventures and public statements. After SpaceX filed for its highly anticipated IPO in May 2026, the company completed its blockbuster public debut next month in one of the largest offerings in history. The IPO briefly valued SpaceX at more than $2 trillion and helped propel Musk to trillionaire status, further increasing his already vast wealth. At the same time, Tesla, X and XAI are facing scrutiny over artificial intelligence, self-driving technology and Musk’s increasingly polarizing public image.
Learn more about Musk’s net worth and other details below.
What is Elon Musk’s net worth?
Musk currently has an estimated net worth of $1.1 trillion, according to Forbes real-time billionaires list At the time of publication, he became the richest person in the world. The majority of Musk’s wealth comes from his stakes in Tesla and SpaceX, as well as stakes in X, XAI, and Neuralink.
Musk’s wealth reached unprecedented levels in 2026 following SpaceX’s historic initial public offering, which briefly pushed the company’s valuation above $2 trillion and cemented his status as the world’s first trillionaire.
Before reaching the trillion-dollar mark, Musk made headlines as the first person to surpass $400 billion in net worth in 2024. His fortune continued to grow as his companies expanded into the aerospace, AI, automotive, and social media industries.
How did Elon Musk make his money?
A significant portion of Musk’s net worth comes from his 12% stake in Tesla, representing approximately 412 million shares. He has pledged 58% of his Tesla shares as collateral for a personal loan totaling $3.5 billion. In 2022, Musk sold $40 billion worth of Tesla stock to help finance the $44 billion acquisition of Twitter, which he later rebranded as X. Although Musk still owns about 79% of the company at that original valuation, Twitter’s value is down about 70% by August 2024.
Musk has also made a massive fortune through SpaceX, the aerospace company he co-founded in 2002. SpaceX has become one of the world’s most valuable private companies through government contracts, Starlink satellite internet expansion and commercial space launches. In May 2026, SpaceX officially filed for its highly anticipated IPO, with reports estimating the company could be valued at around $1.75 trillion.
In addition to Tesla and SpaceX, Musk owns companies including xAI, Neuralink, and The Boring Company. His artificial intelligence startup xAI has expanded rapidly since launching in 2023 and has become a central part of Musk’s growing tech empire following deep integration with X and SpaceX operations.
Who are the richest people in the world?
The richest people in the world today Forbes real-time billionaires list Are:
- Elon Musk – $1.1 trillion
- Larry Page – $295.1 billion
- sergey brin – $272.2 billion
- jeff bezos – $246.7 billion
- larry ellison – $229.3 billion
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