Elon Musk’s wealth reaches historic levels with a net worth of approximately $850 billion as of mid-February 2026. This positions Musk as the first person to surpass the $800 billion mark, which is largely driven by the surge in value following the merger of SpaceX and his AI company xAI, creating a combined entity valued at $1.25 trillion.
Musk owns about 43% of this merged company, accounting for roughly two-thirds of his wealth. Thus, the speculation about Elon Musk becoming the world’s first trillionaire has intensified.
Musk’s Net Worth Surpasses Tech Titans Combined
Elon Musk’s net worth accounts for more than that of the combined worth of Google’s co-founders, Larry Page and Sergey Brin, and Meta’s CEO, Mark Zuckerberg. Forbes estimated Musk’s current net worth to be greater than the GDPs of Switzerland, Israel, Kazakhstan, Egypt, Argentina, and Australia. Musk’s wealth surged after the merger of his aerospace defence company, SpaceX, and his own artificial intelligence and social media company, xAI, this month.
In this combined company, his stake would be valued at over $530 billion, marking a rapid shift in his fortunes. Reports suggest that the tech magnate is shifting his focus towards SpaceX over Tesla.
Last year, Musk himself confirmed that he wanted to take SpaceX public in 2026, which would make Tesla a less prevalent component of his liquid wealth. But this move lacks support from public market investors as they are reluctant to pay up for a firm that combines the defence contractor and satellite business with a cash-burning AI model developer, who is trying to take on Google, OpenAI, and Anthropic.
However, Tesla remains the major contributor to Musk’s 12% stake in Tesla, worth around $178 billion, along with significant stock options and a record-breaking pay package tied to Tesla’s performance. However, despite the immense paper wealth, Musk has repeatedly emphasised that less than 0.1% of his net worth is in cash, with the rest tied to equity in his companies.
| Year | Year Total |
| 2026 | −8.45% |
| 2025 | 11.36% |
| 2024 | 62.52% |
| 2023 | 101.72% |
| 2022 | −65.03% |
This table shows Tesla’s (TSLA) stock performance by year (the past five years).
Over the past few years, Elon Musk has consequently broken personal wealth records. Rising Tesla shares, a sharp jump in SpaceX’s valuation, and a favourable court ruling that is tied to Musk’s Tesla pay package have all contributed to this meteoric climb.
