Elon Musk’s wealth has reached a new high, topping $600 billion for the first time on the back of a new valuation for SpaceX.
Elon Musk
Photographer: Stefani Reynolds/Bloomberg
The world’s richest person is worth almost $638 billion, according to the Bloomberg Billionaires Index, after SpaceX hit a valuation of about $800 billion in an insider share sale — a deal that makes the Starbase, Texas-based rocket maker the world’s most valuable private company. Musk is its founder and chief executive officer.
Read More: SpaceX Sets $800 Billion Valuation, Confirms 2026 IPO Plans
Musk’s 42% stake is worth $317 billion after ...
