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Dec 16, 2025 4:20 AM

Elon Musk's Net Worth Soars To $677 Billion Ahead of SpaceX's IPO: Tesla CEO Now Closer To Becoming World's First Trillionaire

Billionaire entrepreneur and Tesla Inc. (NASDAQ:TSLA) CEO, Elon Musk, reached another personal wealth milestone, with the valuation of his privately held space transportation company, SpaceX, soaring to record new highs, ahead of a planned public offering in 2026.

Step Closer To A Trillion

On Monday, Musk’s net worth touched $677 billion, becoming the first person ever to be worth $600 billion or more, according to a report by Forbes.

This comes just months after Musk hit the $500 billion milestone earlier this year, becoming the first person to ever hit this mark. Already the world's richest person, Musk now holds a fortune worth more than twice that of Google co-founder Larry Page, who ranks second on the Forbes list with an estimated net worth of $253.3 billion.

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