Elon Musk has just etched his name into the record books as the first human ever to cross the $600 billion net‑worth threshold roughly Sh 76.8 trillion in Kenyan shillings.
The leap came after SpaceX, the private rocket company he founded, announced a tender offer that valued the firm at $800 billion, instantly adding about $168 billion to Musk’s fortune in a single day .
Musk’s wealth is no longer anchored solely to Tesla. He holds roughly a 42 % stake in SpaceX, which now makes up the bulk of his net worth, and about a 12 % share of Tesla, worth close to $197 billion.
The electric‑car maker’s shares have risen 13 % this year, and a $1 trillion compensation package approved by shareholders in November further bolstered his balance sheet .
Beyond the two flagship companies, Musk’s artificial‑intelligence venture, xAI, is reportedly in talks to raise $15 billion at a $230 billion valuation, adding another $60 billion to his tally .
In a recent interview, Musk even suggested that advances in AI and robotics could eventually render money obsolete, envisioning a future where machines satisfy most human needs and traditional currency loses its relevance .
The $800 billion SpaceX valuation also positions the company as the world’s most valuable private enterprise, a status that could climb even higher if an IPO materializes next year with a target of $1.5 trillion .
Should that happen, Musk’s 42 % stake would be worth more than $625 billion, putting him within striking distance of becoming the first trillionaire in modern history.
In short, Musk’s record‑breaking net worth is a blend of soaring SpaceX shares, a strong Tesla position, and emerging AI investments all converging to push his wealth past the $600 billion milestone.
