Elon Musk’s Net Worth Surpasses $1.3T as Tesla Stake Hits $1.52T
TSLA•After SpaceX's IPO and a 5% gain today, Elon Musk's net worth rose $35.9 billion to $1.3 trillion. His 11% Tesla stake is valued at about $1.52 trillion, while Tesla shares have fallen nearly 20% from December highs during its AI and robotics push.
1. SpaceX IPO Boosts Musk's Net Worth
SpaceX shares climbed 20% on Monday and 5% on Tuesday, delivering nearly 50% gains from the IPO price and lifting the company's market capitalization to about $2.6 trillion. Musk owns 4.76 billion SpaceX shares worth roughly $960 billion, which drove a $35.9 billion increase in his personal net worth to $1.3 trillion.
2. Tesla Stake Valuation and Stock Performance
Musk's approximately 11% holding in Tesla is now valued around $1.52 trillion based on recent closing prices. Meanwhile, Tesla shares have declined almost 20% since December highs as the company emphasizes AI-driven autonomous vehicles and humanoid robots, putting pressure on its stock performance.
