Elon Musk Becomes the First Trillionaire: A Look at His Wealth Portfolio

Key Points

Elon Musk is now the world’s first trillionaire, following the record-setting IPO of Space Exploration Technologies (NASDAQ: SPCX), with a net worth of $1.3 trillion as tracked by Forbes. Musk’s wealth is largely concentrated in the stock of his companies, primarily SpaceX, where he owns approximately 38%, translating to about $1 trillion, and Tesla (NASDAQ: TSLA), with a 10% stake worth around $150 billion.

SpaceX’s current market cap is approximately $2.6 trillion, while Tesla is valued at around $1.5 trillion. Musk’s liquid assets, including cash and cash equivalents, comprise only about 0.1% of his total wealth, equating to at least $1 billion. Additionally, Musk’s other ventures include The Boring Company and Neuralink, both estimated to be valued at $5 billion each, although they are privately held.