Reviewed by Gotrade Internal Analyst
Jakarta, Gotrade News - Elon Musk just made history again, with his total net worth smashing through the US$600 billion mark. This massive jump is fueled by the latest valuation of his rocket company, SpaceX.
Key Takeaways
- Elon Musk’s wealth is now nearly US$638 billion, thanks to SpaceX’s skyrocketing valuation.
- SpaceX is officially the world’s most valuable private company with a valuation of US$800 billion.
- A potential SpaceX IPO next year could make Musk the world’s first trillionaire.
According to data from the Bloomberg Billionaires Index, Musk’s total wealth is currently closing in on US$638 billion. This insane number was reached after SpaceX hit a valuation of around US$800 billion in an insider share sale.
This deal cements the Texas-based company’s status as the most valuable private company on the planet. As we know, Musk holds a massive chunk of ownership in the company.
Based on Bloomberg’s report, Musk’s 42% stake is now worth US$317 billion. This figure already accounts for the liquidity discount usually applied to private companies.
Valuation to the Moon
This is the first time an individual has logged a net worth exceeding US$600 billion. Musk previously hit the US$100 billion mark in 2020, riding the wave of Tesla, Inc. stock surges.
Musk’s fortune could pump even higher if SpaceX successfully pulls off an initial public offering (IPO). A target valuation of US$1.5 trillion could push Musk closer to becoming the world’s first-ever trillionaire.
The Next Big Moves
SpaceX is currently the biggest player in the orbital launch industry with its reliable Falcon 9 rockets. The company also powers global internet connectivity through its Starlink satellite system.
As noted in the Bloomberg report, SpaceX’s valuation was sitting at US$400 billion just back in July. Now, Musk is also teasing plans for building space-based artificial intelligence data centers.
Reference:
- Bloomberg, Musk’s fortune soars above US$600b on new SpaceX valuation. Accessed on December 16, 2025
- Featured Image: Shutterstock
Disclaimer
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