Tesla CEO Elon Musk is on the verge of becoming the world's first trillionaire, according to multiple media reports, with an economy that is said to be as large as the economy of a nation.
Last September, Connect Academy predicted that Musk would become a trillionaire in 2027 if his wealth continued to grow at an average annual growth rate of 110%.
In 2025, Musk, the world's richest man, lost $42 billion in his assets. All of that was linked to shares in Tesla, the iconic electric car manufacturer. Musk's own losses amounted to about $55 billion. However, funding rounds for SpaceX, xAI and Neuralink, in which Musk holds more than 33% of the shares, largely offset the loss in his asset valuation.
Musk's assets increased by $16.8 billion yesterday as Tesla shares rose 6.94%.
Elon Musk's assets are split between $149 billion in Tesla stock (including about 13% of the shares outstanding) and 304 million stock options, which he received as compensation in 2018. These options have been invalidated by a Delaware court, but have not yet been delisted, and the company's board of directors is debating whether to approve them.
His SpaceX shares are second with $136 billion, according to the Bloomberg Billionaire Index. His 42% stake was valued at a 5% discount to its valuation in its latest funding round, as the company is privately held.
Shares in xAI and brain chip company Neuralink are valued at $20.1 billion and $2.07 billion, respectively. The Bloomberg Billionaire Index methodology applies a discount to valuation due to the low liquidity of both companies' stocks, as they are privately held. Additionally, he owns over $3.3 billion in shares in The Boring Company, a tunnel-digging company that is exploring the possibility of ultra-fast travel via vacuum tunnels (also known as the Hyperloop).
It would not be a surprise if Musk's wealth exceeds $500 billion soon. His company Tesla is steadily moving closer to launching its driverless car service, "Robo-Taxi," with test runs expected next month. Musk is also excited about the widespread recognition of robots.
Meanwhile, Musk has repeatedly delayed plans to take SpaceX, currently the world's most valuable private company, publicly traded. If the world's richest man chooses to go public, SpaceX's value is expected to rise further.
The IPO will be a new test of Musk's wealth, as public companies often receive higher valuations than private ones.
From another perspective, he is investing in artificial intelligence (AI) through his company xAI, giving him a competitive edge in this growing technology. Meanwhile, the valuation of social media platform X has improved since it crashed after its acquisition three years ago, presenting new growth opportunities.
Musk's life is hard to explain. It's not easy to keep employees motivated, even when they're working at full capacity. In particular, he is a man who doesn't compromise on his work. He fired 75% of Twitter's employees within two months of the acquisition and is relying on Tesla engineers to run some of the platform's operations.
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