Tech tycoon Elon Musk has shattered records by becoming the world’s first individual with a net worth exceeding $800 billion, propelled by SpaceX’s acquisition of his artificial intelligence venture xAI in a merger valuing the fused entity at $1.25 trillion.
The landmark transaction, unveiled on February 3, catapulted Musk’s fortune by an estimated $84 billion to $852 billion, according to Forbes calculations, eclipsing previous benchmarks in personal wealth accumulation.
Prior to the deal, Musk held a 42-percent stake in SpaceX, valued at $336 billion, and a 49-percent interest in xAI, worth $122 billion. The integration positions him with a 43-percent ownership in the combined powerhouse, appraised at $542 billion, making it his premier asset.
His portfolio also includes a 12-percent share in electric vehicle giant Tesla, valued at $178 billion, supplemented by stock options amounting to $124 billion.
The merger synergizes SpaceX’s space exploration prowess with xAI’s AI innovations, potentially accelerating advancements in autonomous systems and satellite technologies amid Musk’s expansive vision for interplanetary colonization and intelligent machines.
While Musk has not publicly commented on the wealth milestone, the achievement underscores his dominance in disruptive industries, from rocketry to neural interfaces, despite ongoing regulatory scrutiny and market volatility.
