TechFlow news, December 16 — According to the Bloomberg Billionaires Index, Elon Musk's net worth has reached approximately $638 billion, surpassing the $600 billion threshold for the first time and setting a new global record for individual wealth. This milestone is primarily driven by SpaceX's valuation surging to around $800 billion in its latest internal share transaction, making it the world's most valuable private company.
Musk owns a 42% stake in SpaceX, valued at approximately $317 billion after adjusting for liquidity discounts. If SpaceX goes public as planned, potentially as early as next year, and achieves its targeted valuation of $1.5 trillion, Musk's stake could exceed $625 billion, positioning him to become the world's first trillionaire.
Notably, Musk first surpassed the $100 billion wealth mark in 2020, and when he was first included in the Bloomberg index in May 2013, his net worth was estimated at just $4.8 billion. SpaceX, with its leadership in aerospace and internet services through the Falcon 9 rocket and Starlink satellite system, has become a key pillar behind Musk's wealth growth.
