Elon Musk Hits Record Breaking with $800bn Fortune

Elon Musk net worth reaches $852bn after SpaceX-xAI merger, setting a historic global record and widening lead over other billionaires

Elon Musk, CEO of SpaceX and Tesla, became the first person in history to amass a net worth exceeding $800 billion following the merger of SpaceX and his artificial intelligence and social media company, xAI.

The landmark transaction, valued at $1.25 trillion, boosted Musk’s holdings by approximately $84 billion, according to Forbes, on 4 February 2026.

Prior to the merger, Musk owned 42% of SpaceX, valued at $336 billion, and 49% of xAI, worth $122 billion.

The consolidation created a combined entity valued at $1.25 trillion, with Musk holding a 43% stake, estimated at $542 billion.

SpaceX remains his most valuable asset, while he retains 12% of Tesla, valued at $178 billion, alongside $124 billion in stock options.

The deal represents Musk’s second corporate merger in under a year, following xAI’s integration with X (formerly Twitter) last March.

Analysts note that the full impact of the merger will become more transparent once the planned public offering later this year places the companies under investor scrutiny.

Musk’s historic net worth now positions him far ahead of other global billionaires, including Larry Page ($277.9 billion), Sergey Brin ($256.3 billion), and Jeff Bezos ($249.3 billion), widening the wealth gap to unprecedented levels.

Meanwhile, Africa’s richest man, Aliko Dangote, saw his latest global ranking rise to 86th with an estimated net worth of $26.3 billion, largely derived from cement and sugar ventures.

Other Nigerian billionaires listed by Forbes include Abdulsamad Rabiu ($10 billion), Mike Adenuga ($6.4 billion), and Femi Otedola ($1.6 billion).

This record-breaking milestone highlights Musk’s continued dominance in technology, aerospace, and digital innovation, while signalling the growing impact of strategic mergers on personal fortunes in the global billionaire landscape.