6 hours ago
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Chris Morris
Tue, June 16, 2026 astatine 11:35 AM CDT 4 min read
Elon Musk has been the world's richest idiosyncratic for a agelong time, but helium has ne'er seen wealthiness connected this level. No 1 has.
As SpaceX's (NASDAQ: SPCX) banal terms has continued to soar, truthful excessively has Musk's nett worth. And it has reached the constituent that Musk could suffer $1 trillion and inactive beryllium atop the database of the world's richest individuals.
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SpaceX shares were up for the 2nd consecutive time Tuesday, with SpaceX's marketplace headdress topping some Amazon (NASDAQ: AMZN) and, for a play of time, Microsoft (NASDAQ: MSFT). That gave different boost to Musk's fortune. As of 10:32 a.m. ET Tuesday, Musk was worthy $1.4 trillion, according to Forbes (1). That's an summation of implicit $100 cardinal since the adjacent of trading Monday.
The second-richest idiosyncratic successful the satellite is Google (NASDAQ: GOOG) cofounder Larry Page, who has a nett worthy of $300.8 billion. (Bloomberg's rankings (2) enactment Page astatine $314 billion.) Take distant $1 trillion and Musk inactive has a precise comfy pb implicit Page and has much than the nett worthy of Nvidia (NASDAQ: NVDA) laminitis Jensen Huang ($176 billion) and Meta (NASDAQ: META) CEO Mark Zuckerberg ($211 billion) added together.
Rocketing maturation
Musk's involvement successful Tesla (NASDAQ: TSLA) had already secured him the apical spot connected the database of the world's richest people, but SpaceX has taken it to a antithetic stratosphere.
The company's banal saw different large boost successful aboriginal trading Tuesday, with gains of 14% successful the archetypal hour. That sent its marketplace headdress soaring to the constituent wherever it topped some Amazon and Microsoft successful little than 2 days of trading. (It aboriginal mislaid immoderate ground, falling beneath Microsoft erstwhile again.) SpaceX, arsenic of Tuesday morning, is the fifth-largest institution connected Wall Street, down Apple (NASDAQ: AAPL), Alphabet and Nvidia.
Musk owns an estimated 43% involvement (3) successful SpaceX, tying a sizeable magnitude of his luck to the rocket/AI company. He besides holds astir 16% (4) of Tesla shares, on with investments successful different backstage companies, specified arsenic tunneling startup The Boring Company and encephalon implant steadfast Neuralink.
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