Elon Musk net worth hits $788.8 billion, world’s richest person

Elon Musk’s net worth reached $788.8 billion as of June 8, 2026, cementing his position as the world’s richest person and widening his lead over other billionaires by a significant margin.

According to Forbes’ real-time tracking, Musk holds the #1 ranking on its 2026 Billionaires List. The Tesla CEO’s wealth is concentrated in two major holdings: he owns approximately 12% of Tesla, with options to acquire an additional 8%, and holds an estimated 41% stake in SpaceX following the company’s February 2026 acquisition of artificial intelligence startup xAI in a deal that valued the combined entity at $1.25 trillion.

Musk has founded or co-founded seven companies across multiple industries. Beyond Tesla and SpaceX, his portfolio includes tunneling startup The Boring Company and brain implant company Neuralink, which have collectively raised around $2 billion from private investors. In 2025, Musk merged Twitter with xAI in a transaction that valued the combined company at $113 billion, net of debt.

Sources

  • Forbes — Real-time net worth figure of $788.8 billion as of June 8, 2026, and #1 world ranking
  • Forbes — Ownership stakes in Tesla (12% plus 8% options) and SpaceX (41% stake following xAI acquisition valued at $1.25 trillion in February 2026)

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