Elon Musk Becomes $600 Billion Man

Elon Musk has officially made history by becoming the first person ever to reach a net worth of more than $600 billion. This remarkable milestone comes after SpaceX, Musk’s private rocket company, launched a tender offer that valued the firm at $800 billion, double its valuation just a few months earlier. With Musk owning around 42% of SpaceX, this surge added a massive boost to his personal fortune, pushing his estimated wealth to nearly $677 billion.

SpaceX has now become Musk’s most valuable asset, even surpassing his long-held stake in Tesla. While Tesla remains a major contributor to his wealth, its value has been affected by legal challenges surrounding Musk’s executive compensation package. Despite this, Tesla still offers Musk another possible path toward becoming the world’s first trillionaire if long-term growth targets are achieved.

Beyond SpaceX and Tesla, Musk’s artificial intelligence venture, xAI Holdings, is also gaining strong momentum. The company is reportedly seeking new funding at a valuation far higher than earlier estimates, further strengthening Musk’s financial position. Over the past five years, Musk’s rise has been extraordinary, moving from a billionaire entrepreneur to the richest individual the world has ever seen.

This achievement reflects not only market confidence in Musk’s companies but also the growing influence of technology, space exploration, and artificial intelligence in shaping global wealth and innovation.