Is Elon Musk About to Become the First Trillionaire Through a SpaceX IPO?

Elon Musk could move closer to trillionaire status if SpaceX goes public at the valuation now being discussed. Reports tied to the planned listing say the company could seek a valuation above $1.75 trillion, which would sharply increase the value of Musk's stake. For now, the plan remains under review, and investors are waiting for a formal filing and pricing details.

Elon Musk remains the world's richest person, and a could widen that lead even more. Current estimates place his net worth between $652 billion and $839 billion, depending on the source and valuation method. Much of that wealth comes from his stakes in SpaceX, Tesla, xAI, X, and other ventures.

At the center of the new discussion is Musk's ownership of SpaceX after its tie-up with xAI. Reports say he controls about 43% of the merged business. If the IPO values SpaceX at more than $1.75 trillion, his stake in that entity alone could exceed $770 billion. When combined with his and other assets, that total could push his paper wealth near or above $1 trillion.

Some analysts and market watchers have said Musk could become the first trillionaire in 2026 or 2027 if the listing moves ahead at the upper end of expectations. Still, those projections depend on final pricing, public demand, and post-listing market performance. They also depend on whether Tesla shares recover and whether SpaceX keeps its current private-market momentum.