Elon Musk officially joined the elite ranks of ultra-wealthy individuals whose fortunes exceed half a trillion dollars.
According to Bloomberg’s Billionaires Index, the tech mogul’s net worth soared to approximately $638 billion, driven primarily by a surge in the valuation of his aerospace company, SpaceX.
The private space exploration firm recently reached an estimated $800 billion in value following an internal stock sale, making it the most valuable private company in the world. This milestone has propelled Musk’s wealth upward by more than $205 billion since the beginning of 2025 alone.
Musk, CEO of Tesla and SpaceX, has long been a figurehead of technological ambition, and the latest increase in his net worth underscores the market’s confidence in his ventures, particularly in commercial space travel and advanced rocket technology.
Analysts suggest that the SpaceX valuation could pave the way for future public offerings or further private investments, potentially boosting Musk’s fortune even higher. The billionaire continues to dominate headlines, not only for his wealth but for his influence on the tech and space industries.
With this surge, Musk reclaims the title of the richest person in the world, reaffirming his status as a central figure in the global tech and finance landscape.
Source: Bloomberg
Source: Bloomberg
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