Quick Take
- Elon Musk net worth sits near $722 Bn to $971 Bn (Rs 60 Lakh Cr plus) as SpaceX lists.
- SpaceX priced its IPO at $135 per share, hitting a record $1.77 Tn valuation on June 12.
- Reuters projects his wealth may cross $1.1 Tn once SpaceX shares begin trading on Nasdaq.
In This Article
Elon Musk net worth has climbed to a band of roughly $722 Bn to $971 Bn (Rs 60 Lakh Cr plus) on June 12, 2026, the day his rocket firm SpaceX began its public listing.
The wide range reflects how fast the figure is moving. The Bloomberg Billionaires Index pegged him near $722 Bn before pricing, while later estimates citing Bloomberg data lifted him toward $971 Bn (Bloomberg Billionaires Index). The jump comes from SpaceX, which priced its IPO at $135 per share for a record $1.77 Tn value, per the company’s own S-1 filing (SEC EDGAR filings).
StartupFeed Insight
Here is the part most headlines miss: Musk’s wealth is now an AI and space bet, not a car bet. His Tesla stake is worth about $165 Bn, while his SpaceX holding alone tops $688 Bn (Bloomberg). That flip matters for India. StartupFeed expects Indian space startups like Skyroot and Agnikul to ride the same investor wave that revalued SpaceX, with at least one Indian space firm targeting a $1 Bn plus valuation by late 2027. Watch deep-tech VCs closely. The SpaceX listing just reset the ceiling for what a private space company can be worth. By StartupFeed Desk.
Elon Musk Net Worth: The Numbers
Elon Musk net worth is built mainly on two companies, SpaceX and Tesla. As of June 12, 2026, his SpaceX stake is valued at about $688 Bn (Rs 5,71,000 Cr), according to Bloomberg estimates. His Tesla stock and options add roughly $165 Bn more.
| Metric | Detail | Notes |
|---|---|---|
| Total Net Worth | $722 Bn to $971 Bn | Range across trackers, June 12 |
| SpaceX Stake | ~$688 Bn | Largest single holding (Bloomberg) |
| Tesla Stake | ~$165 Bn | Stock plus options |
| SpaceX IPO Price | $135 per share | Record $1.77 Tn valuation |
| 1-Year Wealth Growth | +163% | Driven by SpaceX (Bloomberg) |
| Listing Date | June 12, 2026 | Nasdaq debut |
The most striking number is the growth rate. Musk’s fortune has risen 163% over the past year, almost entirely on SpaceX’s rising value, not Tesla’s stock.
About SpaceX
SpaceX (Space Exploration Technologies) is an American aerospace firm founded in 2002 by Elon Musk, headquartered in Hawthorne, California. It builds reusable rockets and runs Starlink, a satellite internet network. The company books revenue from launches, government contracts, and Starlink subscriptions, with 2026 revenue estimated near $22 Bn to $24 Bn. Key backers have included Founders Fund, Sequoia Capital, and Andreessen Horowitz.
Why Did the SpaceX IPO Move the Needle?
The SpaceX IPO matters because it turned a private paper value into a public market price. Before June 12, SpaceX shares traded only in private deals near an $800 Bn value. The IPO repriced the firm at $1.77 Tn, nearly doubling Musk’s SpaceX wealth overnight.
“SpaceX has been cash-flow positive for many years and does periodic stock buybacks twice a year to provide liquidity for employees and investors,” Musk said on X.
Musk is expected to own about 39% of SpaceX at listing, with voting control above 82%, per the S-1 filing. He must hold his shares for one year, a lock-up that ties his fortune to the firm’s near-term performance.
Where Does Musk Rank Among the Wealthy?
Elon Musk is the world’s richest person, and the gap to second place is huge. Larry Page, the Google co-founder, sits second at around $300 Bn to $334 Bn, followed by Sergey Brin near $285 Bn, according to Forbes data.
| Rank | Person | Net Worth |
|---|---|---|
| 1 | Elon Musk | ~$722 Bn to $971 Bn |
| 2 | Larry Page | ~$300 Bn to $334 Bn |
| 3 | Sergey Brin | ~$285 Bn |
Musk’s wealth has grown by over $350 Bn in 2026 alone, more than Larry Page’s entire fortune (Bloomberg). That single-year gain shows why he stands in a category of his own.
Is Musk Really a Trillionaire Yet?
No, Elon Musk is not confirmed as a trillionaire as of June 12, 2026, though he is very close. Most trackers place his net worth below the $1 Tn mark, between $722 Bn and $971 Bn. Reuters has projected that once SpaceX shares actively trade, his wealth could exceed $1.1 Tn.
The key distinction is paper value versus settled price. His Tesla pay package, approved by shareholders in late 2025, could award nearly $1 Tn in extra shares, but only if Tesla hits 12 demanding milestones over years. That money is not in hand today. StartupFeed.in notes that the trillionaire label is a “when, not if” story, pending the first day of real SpaceX trading.
What’s Next
The next signal is SpaceX’s opening trade on Nasdaq. If shares hold above the $135 price, Musk’s net worth could lock in past $1 Tn within days. Two other giant listings, OpenAI and Anthropic, are also expected in 2026 at valuations near $1 Tn each. Will a confirmed trillionaire reshape how India’s deep-tech founders raise capital? Time will tell.
Frequently Asked Questions
Last updated: June 12, 2026 at 14:30 IST
Disclaimer: This article is for informational purposes only and does not constitute investment advice. StartupFeed and its authors are not SEBI-registered investment advisors. The analysis above is based on publicly available information and should not be the sole basis for any investment decision. Please consult a SEBI-registered financial advisor before making investment decisions.
Written by Avinash. Published: June 12, 2026. Updated: June 12, 2026. Have a tip? Write to us at editorial@startupfeed.in.
