Elon Musk Nearing Trillionaire Status, Thanks to SpaceX

Imagine having so much money that if you lined up a thousand billionaires, their combined wealth would still be less than yours! That’s essentially what it means to be a trillionaire, and Elon Musk, the person behind companies like Tesla electric cars and X (formerly Twitter), is getting incredibly close to reaching this mind-boggling milestone.

Recent news from February 7, 2026, reports that Musk’s net worth has soared to about $845 billion. What’s surprising is that his space exploration company, SpaceX, is now the main engine driving his wealth, not Tesla. Think of it like a famous musician who was known for playing guitar but then found even greater success and wealth producing movies.

This massive increase happened after SpaceX merged with another company Musk owns called xAI, which deals with artificial intelligence (like super-smart computer programs). This combined company is now valued at a huge $1.25 trillion. Since Musk owns roughly 43% of this new, bigger company, over half a trillion dollars of his personal wealth comes directly from SpaceX. In simple terms, about two-thirds of all his money now comes from his ventures into space and AI, not just electric cars. For Musk to officially become the world’s first trillionaire, SpaceX’s value needs to grow a bit more, reaching around $1.6 trillion. This shows just how much value the world is placing on space technology and cutting-edge AI.

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