Before becoming the world's first trillionaire, Musk had already set a new record for personal wealth.
On December 16, Forbes data showed that Elon Musk's net worth reached $677 billion, making him the first person in history to surpass $600 billion in net worth. No one had ever broken the $500 billion mark before.
This week, according to CCTV Finance, Musk revealed in an interaction with tech media figures on social media that his space exploration technology platform SpaceX may soon go public.
The report states that SpaceX is seeking an IPO in the mid-to-late part of next year, targeting a valuation of approximately $1.5 trillion, a figure comparable to Saudi Aramco's record of approximately $1.7 trillion set in 2019. According to the Bloomberg Wealth Index, Musk owns approximately 42% of SpaceX. This means that Musk is poised to become the world's first trillionaire.
On December 13, SpaceX approved an internal employee stock sale plan that values the company at approximately $800 billion. SpaceX also stated that it is preparing for a potential public offering in 2026, a move aimed at bolstering its Starship launches and space-based artificial intelligence. Data Center And to provide financial support for the construction of a lunar base.
With SpaceX's valuation surging from $400 billion in July to $800 billion, the company has surpassed OpenAI to become the world's most valuable private company. Based on Musk's current SpaceX stake, this asset alone has added $168 billion to his wealth, bringing the equity value to $336 billion, surpassing Tesla. Equity has become its largest asset.
Founded in 2002, SpaceX's core businesses primarily consist of three segments: rocket launches, Starlink, and the Starship program. In 2008, the company's Falcon 1 rocket successfully launched from Omrek Island in the Marshall Islands, marking the first successful orbital launch by a privately owned company. In October 2012, SpaceX's Dragon spacecraft delivered cargo to the International Space Station, ushering in a new era of private spaceflight.
Previously, Ark Investment Management, founded by Cathy Wood, predicted that SpaceX's corporate value would reach approximately $2.5 trillion by 2030. Once SpaceX completes its Starlink network in 2035, it will generate $300 billion in revenue annually, accounting for 15% of global communications spending.
The rebound in Tesla 's stock price has also provided significant support for Musk's wealth growth. On December 15th local time, Tesla's stock rose nearly 5% intraday, just shy of its all-time high, with a year-to-date increase of 13%.
Behind the stock price rebound is the market's optimistic expectations for its artificial intelligence and autonomous driving plans: Musk recently announced the launch of driverless autonomous driving tests in Austin, USA, with plans to completely remove accompanying personnel by the end of the year and expand the autonomous taxi business to multiple states by the end of this month.
Wedbush Securities Analyst Ives pointed out that Tesla The autonomous driving business is valued at at least $1 trillion, and its target share price of $600 corresponds to a market capitalization that could reach $2 trillion within the next year. Currently, Musk holds a 12% stake in Tesla , worth approximately $197 billion.
(Article source: Jiemian News)
