Tech tycoon Elon Musk revealed Monday that less than 0.1 percent of his nearly $850 billion net worth is held in cash, attributing the bulk of his fortune to equity stakes in electric carmaker Tesla and aerospace firm SpaceX.
The disclosure came amid a surge in Musk’s wealth following SpaceX’s acquisition of artificial intelligence startup xAI, pushing the combined entity’s valuation to $1.25 trillion and briefly elevating his fortune to $852 billion.
“My ‘net worth’ is almost entirely due to my ownership stakes in Tesla and SpaceX. I have <0.1% that is cash,” Musk stated.
Elon Musk’s net worth estimates as of February 2026 range from $677 billion (Bloomberg) to $852 billion (Forbes). With <0.1% in cash, that means less than $677 million to $852 million in liquid cash, according to Grok.
He holds a 43 percent stake in the merged SpaceX-xAI, valued at over $540 billion, alongside a 12 percent share in Tesla worth $178 billion and stock options adding another $124 billion.
Musk emphasized the shared benefits of his companies’ growth, noting: “Tesla and SpaceX employees all receive stock/options and Tesla is >80% owned by retail investors and index/pension funds, so value increases apply >80% to them.”
Analysts project Musk could become the world’s first trillionaire, fueled by Tesla milestones and a potential SpaceX public offering, though his equity-heavy portfolio remains vulnerable to market swings.
