5 Minute News

Elon Musk Reaches Record Net Worth

December 16, 2025

Elon Musk has become the first person with a net worth exceeding $600 billion, according to the Bloomberg Billionaires Index. His fortune is estimated at $638 billion, mainly driven by the valuation of SpaceX, which is now worth $800 billion. Musk owns 42% of the company, valued at approximately $317 billion. If SpaceX goes public, his wealth could rise even further. The company's target is a valuation of $1.5 trillion, which would put him closer to becoming the world's first trillionaire.