In February 2026, Elon Musk hit a remarkable milestone by becoming the first person on Earth to amass a net worth of over USD 800 billion. This incredible feat not only reshuffled the global wealth rankings but also highlighted the immense financial influence that a single entrepreneur can wield in today’s world. The dramatic rise in Musk’s wealth was sparked by a groundbreaking corporate shake-up involving his key ventures—especially the merger of SpaceX and xAI—which fundamentally transformed his business landscape and solidified his financial standing.
Musk crossing the $800 billion mark is more than just a number; it symbolizes the increasing intersection of groundbreaking technologies—like space exploration, artificial intelligence, renewable energy, and digital communications—that define our modern economy. His wealth journey sheds light on how innovation, smart corporate restructuring, and the soaring valuations of high-growth companies open up extraordinary avenues for wealth creation for visionary entrepreneurs.
Drivers of Record Wealth
- SpaceX–xAI Merger: The consolidation of these two private giants significantly restructured Musk’s holdings. He now reportedly holds a 43% stake in the combined SpaceX-xAI entity, a holding alone valued at roughly $542 billion.
- Tesla Holdings: Musk maintains a 12% stake in Tesla (valued at ~$178 billion) and substantial stock options worth another $124 billion.
- Rapid Growth: In just four months, Musk’s wealth crossed multiple massive thresholds, rising from $500 billion in October 2025 to over $800 billion today.
