Elon Musk Net Worth Hits $600 Billion, More Than Double of 2nd Richest Larry Page

As per Forbes report, Elon Musk, CEO of Tesla and SpaceX, has crossed a milestone by reaching a net worth of $600 billion. The surge is primarily attributed to an increase in valuation of SpaceX and consistent performance of Tesla shares during the year. 

Elon Musk’s Wealth Driven by Tesla, SpaceX, and xAI Stakes 

Elon Musk's wealth has risen significantly, surpassing $600 billion as of December 17, 2025. The jump is largely due to the growing valuation of his companies Tesla, SpaceX, and artificial intelligence venture xAI Holdings.  

He owns a 42% stake in SpaceX, which was recently valued at $800 billion via a private tender offer. This stake alone added around $168 billion to his net worth. 

Meanwhile, Tesla shares have risen 13% in 2025, and Musk holds approximately 12% of the company’s equity. Tesla's performance continued despite reports of softer sales, with its stock gaining nearly 4% on a recent day, boosted by updates around testing autonomous robotaxis. 

Valuations Power Unprecedented Wealth Growth 

SpaceX is reportedly preparing for a public offering in 2026, with internal valuations rising to as high as $1.5 trillion. The potential IPO valuation significantly contributes to the estimation of Musk’s total worth. His xAI Holdings stake is reportedly 53%, valued around $60 billion, making it another substantial component of his portfolio. 

With this updated figure, Musk now holds a fortune that exceeds even the gross domestic product (GDP) of several countries. He has become the first individual to ever cross the $500 billion and now $600 billion threshold. 

Read More: New Zealand to Hike Visa Service Fees in India and 25 Other Countries from January 2026! 

Larry Page Now Distant 2nd in Global Wealth Rankings 

Former Google CEO and cofounder Larry Page is ranked 2nd on the global rich list with an estimated net worth of $265 billion. This puts his wealth at less than half of Musk’s, widening the gap between the top two positions in global wealth rankings by a substantial margin. 

Conclusion 

Elon Musk has surpassed $600 billion in net worth due to rising valuations of SpaceX, Tesla, and his AI startups. He currently stands as the world’s richest person, well ahead of Larry Page, who is valued at $265 billion. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.