Elon Musk’s net worth crossed the $1 trillion mark today (Friday), making him the first person to reach that level of personal wealth. The surge followed SpaceX’s debut on the Nasdaq at $150 per share, which valued the rocket and satellite company at nearly $2 trillion. Forbes estimated Musk’s fortune at about $1.1 trillion by midday Friday, up from $982 billion a day earlier.

The rise comes as several of Musk’s companies have expanded beyond their original markets. Finance Magnates recently reported that X is moving deeper into payments, trading, and market data, while xAI continues to grow its artificial intelligence business. These developments have contributed to stronger valuations across his corporate holdings ahead of the SpaceX listing.

Musk Hits Trillionaire After SpaceX

Eric Chia, Financial Markets Analyst at Exness, said "the real SpaceX trading story begins the morning after" the IPO, when the focus shifts from investor enthusiasm to execution Execution Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Read this Term. He added that SpaceX is entering the market at "the most demanding valuation multiple ever attached to a new listing."

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The jump was driven by SpaceX’s IPO pricing on Thursday at $135 per share. Forbes calculated that the offering added roughly $188 billion to Musk’s net worth in a single day.

Musk, who serves as SpaceX’s chairman, chief executive officer, and chief technical officer, owns about 4.8 billion shares in the company. At Friday’s opening price, those shares were valued at roughly $715 billion. He also holds about 350 million stock options with an exercise price of $8.40 per share, worth an estimated $50 billion.

Combined, the shares and options represent a stake of around 38% in SpaceX, valued at about $765 billion.

Elon Musk just became the world’s first trillionaire.

With SpaceX opening on the Nasdaq at $150 a share Friday, his stake in the company is worth more than $766 billion. Combined with his Tesla stake, which is worth $280 billion, Musk’s net worth from both companies as of Friday… pic.twitter.com/a4jq3SWYE1

— CNBC (@CNBC) June 12, 2026

Wealth Spreads Across Multiple Holdings

Before the IPO, Forbes valued Musk’s SpaceX holdings at around $500 billion, based on a $1.25 trillion company valuation following the merger Merger A merger is defined as the absorption of the interest of another. It can include an estate, or contract. There are no specific rules or formats for a union in general. It is a method of combining two or more organizations, business concerns, or other related interests. The terms of a merger are usually by agreement of the parties involved. In the financial sphere, merger refers to an agreement between two or more companies or corporations, public and private, to merge into one entity. Mergers d A merger is defined as the absorption of the interest of another. It can include an estate, or contract. There are no specific rules or formats for a union in general. It is a method of combining two or more organizations, business concerns, or other related interests. The terms of a merger are usually by agreement of the parties involved. In the financial sphere, merger refers to an agreement between two or more companies or corporations, public and private, to merge into one entity. Mergers d Read this Term of artificial intelligence firm xAI with social media platform X, formerly Twitter, earlier this year.

Outside SpaceX, Musk owns just over 10% of Tesla, a stake worth about $163 billion based on the company’s market capitalization of roughly $1.5 trillion. He also holds options that could increase his ownership by nearly another 8%, worth an estimated $113 billion.

The remainder of Musk’s wealth comes from smaller holdings in Neuralink and the Boring Company, as well as proceeds from previous Tesla share sales.