: Elon Musk calls for EU to be dismantled after $140 million fine According to Forbes, Musk’s net worth climbed to around $677 billion on Monday, December 16. The sharp increase was driven primarily by a new valuation of SpaceX through a recent tender offer. The tender offer reportedly values SpaceX at approximately $800 billion, nearly double its valuation from August this year. Musk owns about 42% of the company, resulting in a one-day increase of roughly $168 billion to his personal wealth. Elon Musk just 🅱️ecame the first person ever worth $600 billion SpaceX’s new $800B valuation pushed his net worth to $677B, more than the next two richest people combined. At this pace, he’s closer to becoming a trillionaire than losing the #1 spot. pic.twitter.com/NKXYwHoTCc — Slaughter. (@BafanaSurprise) December 15, 2025 No other individual has previously crossed even the $500 billion threshold, making Musk’s achievement unprecedented. The scale of the increase highlights the growing investor confidence in SpaceX’s long-term prospects. Reports suggest SpaceX is targeting an initial public offering in 2026, with expectations that the company could be valued at up to $1.5 trillion. Such a move would potentially make Musk the world’s first trillionaire. SpaceX has now become Musk’s most valuable asset, with Forbes estimating his stake at $336 billion. This surpasses his holdings in Tesla, where his 12% stake is valued at around $197 billion. Musk also owns a significant share in artificial intelligence firm xAI Holdings, which is reportedly in talks to raise funds at a valuation of $230 billion. Together, these assets have accelerated his rapid wealth accumulation.