We are seven days into 2026, and Elon Musk’s net worth is already up $10 billion to $630 billion, according to the Bloomberg Billionaires Index. Tesla Inc.’s (NASDAQ: TSLA | TSLA Price Prediction) stock price is down so far this year, so the gain cannot be attributed to that. Musk owns about 14% of the electric vehicle maker.
The value of SpaceX appears to have grown as it moves toward a likely initial public offering. Bloomberg says this IPO will be the largest in 2026. Others say it will be the largest of all time. Early indications suggest the IPO could value SpaceX at $1.5 trillion. A month ago, Fortune reported, “SpaceX is preparing to sell insider shares in a transaction that would value Elon Musk’s rocket and satellite maker at as much as $800 billion.” Musk’s ownership in SpaceX is 43%, though he holds 79% of the voting shares.
Musk does have other assets. xAI is the result of a merger of social media company X and xAI. The latter is one of the world’s largest artificial intelligence companies, which competes with OpenAI and the AI arms of several public companies, including Alphabet. At the time of the merger, X had a value of $33 billion and xAI of $80 billion. By some estimates, Musk owns about half of xAI.
In the past year, Tesla’s valuation has been something of a rising phoenix. The stock dropped from just below $400 a share at the start of 2025 to $220 by April. Musk’s rocky relationship with President Trump and a decline in Tesla sales received the blame for that. Since then, the shares have recovered to over $432 apiece.
Furthermore, Musk has said Tesla is close to having a fully autonomous vehicle. If these cars become available to the general public, Musk’s net worth will likely soar again.
Tesla Stock Price Prediction and Forecast 2026–2030
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