Elon Musk is all set to become the world’s first trillionaire, and this may happen in 2026. With the Tesla CEO’s net worth already touching a staggering $850 billion (£670 billion), he is likely to breach the trillion-dollar barrier soon.
As of February 2026, Elon Musk has broken the barrier to become the first person to breach the $800 billion mark. With his net worth touching $850 billion, the SpaceX CEO is now worth more than the next three richest people on the list combined, including Google founders Larry Page ($251 billion) and Sergey Brin ($231 billion), and Meta CEO Mark Zuckerberg ($219 billion).
Musk’s push towards becoming the world’s first trillionaire is mainly because of a recent acquisition deal between SpaceX and xAI. According to a report, Musk’s aerospace and defence company has acquired his artificial intelligence and social media company last week, and the combined company is now valued at $1.25 trillion. With Musk estimated to own 43 per cent of the new company, his stake alone is worth over $530 billion, which means that SpaceX now contributes to almost two-thirds of his net worth.
However, the merger comes at a turbulent time for the AI firm, which is currently facing investigations in Europe, Asia, Australia, and California. These inquiries were sparked by a surge of explicit deepfake images of women and children created by the Grok image generator on Musk’s social media platform.
Despite the challenges, confidence in Musk reaching the milestone remains high. Kalshi, a Manhattan-based prediction market platform, suggests a 75 per cent chance that Musk will reach trillionaire status this year. Based on current market trends, 91 per cent of traders believe the SpaceX CEO will hit this milestone before 2029, while 86 per cent believe it will happen next year, and 72 per cent think it will occur before 2027.
A possible IPO of SpaceX could further solidify his position. If all goes well, going public with the company could increase his net worth to $1.5 trillion.
Tesla is also another major contributor to his net worth, even though the company’s stock price has fallen recently. He currently owns a 12 per cent stake in the electric car company, which is valued at $178 billion, in addition to stock options of about $124 billion. Moreover, Musk is also expected to receive an additional $1 trillion in stock due to a record-breaking pay package that was approved by Tesla shareholders in November.
