#1Real-Time Billionaires
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From the Editor

Last Updated Jul 15, 2026, 6:30am EDT

  • Elon Musk became the world's first trillionaire on June 12 when SpaceX went public.
  • SpaceX opened its first day of trading as a public company at a valuation of nearly $2 trillion. Musk owns 38% of the company (including options).
  • He is a cofounder of seven companies, including electric car maker Tesla, rocketmaker SpaceX and artificial intelligence startup xAI.
  • SpaceX, founded in 2002, acquired xAI in February in a deal that valued the combined company at $1.25 trillion. Twitter, which Musk bought in 2022, was merged into xAI nearly a year earlier.
  • He owns nearly 11% of Tesla, which he first backed in 2004, and which he's led as CEO since 2008. That excludes unvested restricted stock from his 2018 CEO performance award that could give Musk another 8% upon vesting (before taxes).
  • While the bulk of his fortune is held in SpaceX and to a lesser extent Tesla, Musk also founded and has stakes in tunneling startup The Boring Company and brain implant outfit Neuralink.
Wealth History
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Forbes Lists

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44

Personal Stats

Age
55
Source of Wealth
Tesla, SpaceX, Self Made
Self-Made Score
8
Philanthropy Score
1
Residence
Austin, Texas
Citizenship
United States
Marital Status
Divorced
Children
14
Education
Bachelor of Arts/Science, University of Pennsylvania
Did you know
Musk, who says he's worried about population collapse, has fathered at least 14 children with four women, including triplets and two sets of twins.
As a kid in South Africa, Musk taught himself to code; he sold his first game, Blastar, for about $500.
In Their Own Words

I operate on the physics approach to analysis. You boil things down to the first principles or fundamental truths in a particular area and then you reason up from there.

Elon Musk
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