Elon Musk's Fortune Hits Record $600B+ as SpaceX Valuation Soars

Business
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Moneycontrol•16-12-2025, 07:26
Elon Musk's Fortune Hits Record $600B+ as SpaceX Valuation Soars
- •Elon Musk's fortune exceeded $600 billion for the first time, reaching nearly $638 billion.
- •This increase is driven by SpaceX's new valuation of approximately $800 billion, making it the world's most valuable private company.
- •Musk's 42% stake in SpaceX is valued at $317 billion after a liquidity discount.
- •SpaceX, known for Falcon 9 rockets and Starlink, aims for a $1.5 trillion valuation in a potential IPO next year.
Why It Matters: Musk's $600B fortune sets a new wealth record, reflecting SpaceX's massive growth.
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