New Delhi10 months ago
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Musk’s net worth suddenly increased due to the valuation of SpaceX at $800 billion.
The wealth of the world’s richest man, Elon Musk, has crossed $600 billion (₹54.60 lakh crore). Musk has become the first person in the world to touch this figure of net worth. Earlier on October 1, Musk’s wealth had reached Rs 500 billion (USD 45.50 lakh crore).
After the news of SpaceX’s $800 billion valuation (₹72.80 lakh crore) and IPO, Musk’s wealth increased by about $168 billion (₹15 lakh crore) in a single day. This is almost equal to the net worth of India’s two richest men, Mukesh Ambani and Gautam Adani. The assets of both are worth Rs 16 lakh crore.
Now Musk’s total net worth is around $638 billion (₹58 lakh crore). After insider share sale, SpaceX has now become the most valuable private company in the world. Musk is the founder and CEO of SpaceX.
Musk’s net worth suddenly increased due to SpaceX
According to Reuters, the total valuation of SpaceX has come to $800 billion due to the sale of shares within the company. Musk owns about 42% stake in SpaceX. If the company lists on the US stock market at a valuation of $800 billion, the value of Musk’s stake alone could increase by more than $336 billion.
Forbes says that if this happens, Musk can become the world’s first trillionaire, although it will depend on the good listing of the IPO.
Tesla and xAI also increased Musk’s wealth
- Tesla: Apart from SpaceX, Musk also has about 12% stake in EV company Tesla. Tesla shares have risen 13% so far in 2025. Tesla shares were also up about 4% on Monday, after Musk said the company was testing a robotaxi without a safety monitor in the front passenger seat. Musk’s stake in Tesla is now worth about $197 billion.
- xAI: His artificial intelligence startup xAI is also in advanced stages of talks to raise $15 billion of fresh equity at a valuation of $230 billion.

Musk made and sold video games at the age of 12 Elon Musk is the CEO of Tesla and SpaceX. Musk learned computer programming at the age of 10 and created a video game called ‘Blaster’ at the age of 12. A local magazine bought it from him for five hundred US dollars. This can be called Musk’s first ‘business achievement’.
In 1995, he founded the web software company Zip-2. Compaq bought this company in 1999 for $307 million. From this deal, Musk received $22 million in exchange for 7% stake in the company. This is where Elon Musk’s business really started.
eBay bought PayPal in 2002 Musk created PayPal in 1999. eBay bought it in 2002 for $1.5 billion. Musk earned $180 million from this deal. Musk founded SpaceX soon after. Through this company, Musk wants to make humanity a multi-planet species by establishing a colony on Mars.

Musk’s second company was X.com which was an online service company. Later it became PayPal and eBay bought it.
Musk created companies like Tesla, SpaceX and Neuralink
Tesla:Tesla was founded in 2003 by Martin Eberhard and Mark Tarpenning. Elon Musk was one of the early investors in the company and in February 2004 he invested heavily in Tesla. After this Musk became the chairman and then CEO of Tesla. Tesla’s objective was to make electric vehicles available to the common people and promote sustainable energy.
SpaceX:SpaceX was started by Elon Musk in March 2002. His dream was to reduce the cost of space launch and establish human settlement on Mars. SpaceX launched the first successful rocket (Falcon 1) in 2008, and its Dragon capsule docked with the International Space Station in 2012.
Neuralink:Neuralink was founded by Elon Musk in 2016. The aim of this company is to develop brain-machine interface technology that connects the human brain and computer. Neuralink aims to treat neurological diseases and better connect humans with artificial intelligence in the future.
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Source: www.bhaskar.com




