Elon Musk could become first trillionaire if SpaceX IPO hits $2 trillion valuation
By Aboki Forex —
Elon Musk could become the world’s first trillionaire if SpaceX’s planned initial public offering (IPO) hits the upper end of market projections. Analysts say the rocket company could be valued between $1.75 trillion and $2 trillion at listing.
Musk’s current net worth is estimated at $676 billion, spread across Tesla, SpaceX, xAI and other ventures. A successful SpaceX IPO at the top end would push his wealth past the trillion-dollar mark for the first time in history.
SpaceX growth driven by Starlink, NASA contracts
SpaceX’s rapid growth is powered by Starlink, its satellite internet service, and its dominance in commercial rocket launches. The company has long-term contracts with NASA and the U.S. Department of Defence. It is also investing heavily in Starship development, orbital infrastructure and AI-linked space systems.
Despite strong revenue, SpaceX continues to reinvest heavily as it scales up its ambitious projects. Analysts caution that the trillionaire projection remains speculative and depends on market conditions, execution risks and investor confidence in space and AI technologies.
Aliko Dangote climbs to 61st on global wealth list
In Nigeria, industrialist Aliko Dangote saw his net worth rise to $36.7 billion. He gained about $11.1 million in a single day and $6.77 billion year to date. Dangote’s wealth comes from his conglomerate, which includes cement, sugar and oil refining. He is now ranked 61st among the world’s richest people.
Top billionaires compared
Here is how the world’s richest individuals stack up: Elon Musk $676bn, Larry Page $328bn, Sergey Brin $304bn, Jeff Bezos $283bn, Larry Ellison $242bn, Mark Zuckerberg $215bn, Jensen Huang $185bn, Michael Dell $172bn, Bernard Arnault $161bn, Jim Walton $156bn.
Musk became the first person to amass a net worth of $500 billion earlier this year, driven by a rally in Tesla shares and gains in SpaceX and xAI valuations.