Elon Musk Becomes First Person to Surpass $600 Billion in Wealth
December 16, 2025298 VuesTemps de lecture: 2 minutes
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American billionaire Elon Musk has made history by surpassing a net worth of $600 billion, becoming the first individual to reach this milestone, as reported by Forbes on Monday.
**Surge Driven by SpaceX Transactions**
Forbes attributed this significant increase to the sale of shares by some employees and investors of SpaceX, which led to a higher valuation for the privately-held company. The magazine based its new estimate on the prices at which these shares were traded, thereby increasing Musk's net worth.
Just hours before this announcement, Forbes estimated Musk's fortune at approximately $500 billion, highlighting the rapid and substantial change in these valuations.
**SpaceX Valuation Doubles**
Based on the share sale prices, Forbes now values SpaceX at around $800 billion, up from a previous estimate of $400 billion. With Musk owning nearly 40% of the company, Forbes raised its estimate of Musk's net worth to about $677 billion.
**Tesla Continues to Boost Wealth**
Tesla remains a key component of Musk's wealth, as he holds about 12% of its shares. Despite a decline in sales, Tesla's stock has risen approximately 13% since the beginning of the year, and increased about 4% on Monday following Musk's announcement of autonomous vehicle tests without front-seat safety monitors, according to Reuters.
**Historic Compensation Package**
Last November, Tesla shareholders approved a record-breaking compensation package for Musk, estimated at around $1 trillion, making it the largest in corporate history. This endorsement reflects investor confidence in Musk's vision to transform Tesla into a leader in artificial intelligence and robotics.
**Focus on Artificial Intelligence**
Additionally, media reports indicate that Musk's artificial intelligence startup, xAI, is in advanced discussions to raise $15 billion through a new stock issuance, with a potential valuation of $230 billion, which could further enhance his wealth if the deal goes through.
**No Official Comment Yet**
No official comments have been made by Elon Musk or his companies, Tesla, SpaceX, and xAI, in response to inquiries from Reuters.
**Surge Driven by SpaceX Transactions**
Forbes attributed this significant increase to the sale of shares by some employees and investors of SpaceX, which led to a higher valuation for the privately-held company. The magazine based its new estimate on the prices at which these shares were traded, thereby increasing Musk's net worth.
Just hours before this announcement, Forbes estimated Musk's fortune at approximately $500 billion, highlighting the rapid and substantial change in these valuations.
**SpaceX Valuation Doubles**
Based on the share sale prices, Forbes now values SpaceX at around $800 billion, up from a previous estimate of $400 billion. With Musk owning nearly 40% of the company, Forbes raised its estimate of Musk's net worth to about $677 billion.
**Tesla Continues to Boost Wealth**
Tesla remains a key component of Musk's wealth, as he holds about 12% of its shares. Despite a decline in sales, Tesla's stock has risen approximately 13% since the beginning of the year, and increased about 4% on Monday following Musk's announcement of autonomous vehicle tests without front-seat safety monitors, according to Reuters.
**Historic Compensation Package**
Last November, Tesla shareholders approved a record-breaking compensation package for Musk, estimated at around $1 trillion, making it the largest in corporate history. This endorsement reflects investor confidence in Musk's vision to transform Tesla into a leader in artificial intelligence and robotics.
**Focus on Artificial Intelligence**
Additionally, media reports indicate that Musk's artificial intelligence startup, xAI, is in advanced discussions to raise $15 billion through a new stock issuance, with a potential valuation of $230 billion, which could further enhance his wealth if the deal goes through.
**No Official Comment Yet**
No official comments have been made by Elon Musk or his companies, Tesla, SpaceX, and xAI, in response to inquiries from Reuters.
