Elon Musk’s net worth moves near $1 trillion after SpaceX tender offer

Elon Musk’s net worth has surged to a new all-time high after a tender offer at SpaceX valued the private aerospace company at approximately $800 billion, further cementing Musk’s position as the world’s wealthiest individual.

According to estimates based on the latest tender offer, Musk’s net worth climbed to roughly $676 billion, driven primarily by the rising valuation of SpaceX, where he remains the company’s largest shareholder.

The tender offer allows existing shareholders to sell a portion of their equity while setting a new benchmark valuation for the company. SpaceX’s business spans satellite internet through Starlink, government and commercial launch services, and long-term ambitions related to space exploration, all of which have contributed to its rapid valuation growth.

Elon Musk’s net worth

Musk’s wealth is also supported by his holdings in Tesla and other ventures, though SpaceX has increasingly become the dominant driver of his net worth as private market valuations outpace those of publicly traded peers. The latest valuation places SpaceX well ahead of most global aerospace and defense companies in terms of implied market value.

The surge in Musk’s net worth comes amid renewed interest in private technology companies as investors seek exposure to growth assets outside public markets. SpaceX’s valuation trajectory reflects broader optimism around satellite connectivity, reusable launch systems, and government-backed space infrastructure spending.

Despite the headline valuation, SpaceX remains privately held, and its shares are not available to the broader public, although there is talk of an IPO. As a result, Musk’s net worth remains largely illiquid, tied to long-term equity stakes rather than cash holdings.