Elon Musk becomes richest person ever after SpaceX acquires xAI, net worth soars past $800 billion

Elon Musk becomes the richest person: United States entrepreneur Elon Musk’s aerospace company SpaceX has acquired his artificial intelligence (AI) start-up xAI, taking his net worth crossed $800 billion mark. This makes him the richest person in history by a wide margin.

SpaceX owner Elon Musk’s net worth has reached about $852 billion (approximately Rs 71.5 lakh crore), which is about $578 billion (approximately Rs 47.97 lakh crore) more than the world’s second-richest person, Google co-founder Larry Page. Page’s net worth is estimated at $281 billion (approximately Rs 23,500 crore).

How the SpaceX–xAI merger boosted Musk’s wealth

According to reports, the merger increased the combined value of the company to $1.25 trillion (Rs 1.15 lakh crore) and added about $84 billion (approximately Rs 7.05 lakh crore) to Musk’s wealth.

Before the merger, Elon Musk owned about 42 per cent of SpaceX, valued at $800 billion (about Rs 66,000 crore), and about 49 per cent of XAI, valued at $250 billion (about Rs 20,750 crore) after a recent private fundraising round. After the merger, Musk’s stake in the combined entity reached 43 per cent, valued at around $542 billion (around Rs 45.5 lakh crore) and making SpaceX Musk’s largest holding, according to reports.

The rocket maker also owns about 12 per cent of Tesla, valued at about $178 billion (about Rs 1.78 lakh crore), as well as Tesla stock options estimated to be worth $124 billion (about Rs 12,400 crore). Further, in addition to these, Elon Musk also receives a shareholder‑approved Tesla pay package up to $1 trillion (about Rs 1 lakh crore) in additional Tesla stock, before taxes over the next decade and the cost of unlocking restricted shares, if performance targets are met.

In the past four months, he crossed several more wealth milestones, such as $500 billion, $600 billion and $700 billion, driven by SpaceX valuation gains and a Delaware Supreme Court ruling that restored his Tesla options.

Musk earlier said that SpaceX’s Starship will begin delivering the much more powerful V3 Starlink satellites to orbit in 2026, with each launch adding more than 20 times the capacity to the constellation as the current Falcon launches of the V2 Starlink satellites.

Outlining his long-term plans, Musk said Starship would enable launches “every hour carrying 200 tons per flight” and eventually millions of tons of payloads into orbit and beyond. He further said that Starship will also launch next-generation direct-to-mobile satellites, which will provide full cellular coverage everywhere on Earth.