SpaceX, the rocket company founded by Elon Musk, is seeking to go public in 2026 at a valuation of $1.5 trillion.
If the IPO succeeds, it would double his current fortunes and make him the world’s first trillionaire, according to calculations by Bloomberg.
Right now, Musk is worth $460.6 billion as the world’s richest man. His roughly 42% stake in SpaceX would be worth at least $625 billion in the $1.5 trillion IPO. This tally doesn’t include Musk’s ownership stakes in other ventures, such as Tesla and xAI.
Using a pre-money valuation of $1.5 trillion at SpaceX, Musk’s fortune would top $952 billion, according to Bloomberg.
In November, Tesla shareholders awarded Musk the world’s first trillion-dollar compensation package. However, he has to meet steep targets – including making Tesla a $8.5 trillion company.