₦airaland Forum

Welcome, Guest: RegisterLoginWith GoogleTrendingRecentNew

Stats: 3,329,817 members, 8,442,393 topics. Date: Friday, 10 July 2026 at 06:36 AM

Toggle theme

Elon Musk Crosses $600bn Net Worth - Business - Nairaland

Nairaland ForumNairaland GeneralBusinessElon Musk Crosses $600bn Net Worth (13401 Views)

1 2 3 4 5 Reply (Go Down)

Elon Musk Crosses $600bn Net Worth by BlackViper(op): 10:45am On Dec 16, 2025
Elon Musk has become the first person in history to surpass a net worth of $600 billion, with his wealth now estimated at $677 billion, according to Forbes.

The sharp rise in Musk’s fortune was driven mainly by the soaring value of his private space company, SpaceX.

Earlier this month, SpaceX carried out a tender offer that valued the company at $800 billion, up from $400 billion in August, according to investors cited by Forbes.

Musk owns about 42 per cent of SpaceX, and the new valuation alone added roughly $168 billion to his personal wealth.

The tender offer comes ahead of a possible SpaceX initial public offering (IPO) in 2026, which could value the company at around $1.5 trillion, according to one investor. Such a move could make Musk the world’s first trillionaire, even without gains from his other businesses.

Forbes estimates that Musk’s $336 billion stake in SpaceX is now his most valuable asset, ahead of his 12 per cent stake in Tesla, valued at about $197 billion.

His Tesla stock options from the 2018 CEO performance award, which were voided by a Delaware judge in January 2024, are currently valued at $69 billion, pending the outcome of his appeal.

Musk’s artificial intelligence company, xAI, also plays a major role in his growing fortune. The company is reportedly raising funds at a valuation of $230 billion, more than double the $113 billion valuation Musk mentioned when xAI was formed earlier this year through a merger with social media platform X.

Musk owns 53 per cent of xAI, a stake valued at about $60 billion.

With an estimated $425 billion gap between him and the world’s second-richest person, Google co-founder Larry Page, Forbes notes that Musk is now closer to $700 billion than to losing his position as the world’s richest individual.
https://pmnewsnigeria.com/2025/12/16/elon-musk-becomes-first-person-to-cross-600bn-net-worth/

Re: Elon Musk Crosses $600bn Net Worth by Truths9ja: 10:47am On Dec 16, 2025
He will soon reach $1tr benchmark
Re: Elon Musk Crosses $600bn Net Worth by Stephen0mozzy: 10:58am On Dec 16, 2025
Can't even wrap my head around that amount 😂. These men have already transcended the economic realm of monetary wealth.

These ones deal with power and influence like gods. To hell with money.
Re: Elon Musk Crosses $600bn Net Worth by GrammarNazi1(m): 10:58am On Dec 16, 2025
Truths9ja:
He will soon reach $1tr benchmark
He will definitely soon reach $1tr benchmark.

That guy is a genius.
Re: Elon Musk Crosses $600bn Net Worth by morikee: 10:58am On Dec 16, 2025
This Man will be the first to hit Trillion Dollars networth
Re: Elon Musk Crosses $600bn Net Worth by DaveSolarSoluti: 10:58am On Dec 16, 2025
Wow what a great feat good
Re: Elon Musk Crosses $600bn Net Worth by merits(m): 10:58am On Dec 16, 2025
BlackViper:
https://pmnewsnigeria.com/2025/12/16/elon-musk-becomes-first-person-to-cross-600bn-net-worth/
And none will be taken with him to the world beyond.Man better enjoy yourself and chop life to the fullest.
Re: Elon Musk Crosses $600bn Net Worth by Nwaikpe: 10:58am On Dec 16, 2025
God just dey bless that man every day.

His relationship with Israel is bringing him these blessings.

Bless Israel, so that you may be blessed!
Re: Elon Musk Crosses $600bn Net Worth by BarrElChapo(m): 10:58am On Dec 16, 2025
With the pay package the board of Tesla recently approved he’s headed for $1tr in a few years.
Re: Elon Musk Crosses $600bn Net Worth by Emu4life(m): 10:58am On Dec 16, 2025
Overly Exaggerated Figures. Shioor
Re: Elon Musk Crosses $600bn Net Worth by gloryman91(m): 10:59am On Dec 16, 2025
Me one 🕐 of them too in the Halal means.
Re: Elon Musk Crosses $600bn Net Worth by Akwamkpuruamu: 10:59am On Dec 16, 2025
This na wetin dem de call, money na water.

Man is richer than most African and Carribbean nations
Re: Elon Musk Crosses $600bn Net Worth by jullary(m): 10:59am On Dec 16, 2025
Mogbe 1person. Life no balance
Re: Elon Musk Crosses $600bn Net Worth by moscobabs(m): 10:59am On Dec 16, 2025
Solomon and Manza Musa were Richer
Re: Elon Musk Crosses $600bn Net Worth by fineboynl(m): 11:00am On Dec 16, 2025
I still believe that America are overestimating and over stretching their billionaire. All those figures doesn't really add up.
Re: Elon Musk Crosses $600bn Net Worth by Daniluv1(m): 11:00am On Dec 16, 2025
BlackViper:
https://pmnewsnigeria.com/2025/12/16/elon-musk-becomes-first-person-to-cross-600bn-net-worth/
God me am not praying for this kind of wealth oh cause I know it's not even possible not even in my imaginations but just the one to feed myself and families with some strangers without begging or asking for assistance that's all I ask for
Re: Elon Musk Crosses $600bn Net Worth by Nobody: 11:00am On Dec 16, 2025
Nwaikpe:
God just dey bless that man every day.

His relationship with Israel is bringing him these blessings.

Bless Israel, so that you may be blessed!
Lmaoo I wonder why ur own blessing never come
Re: Elon Musk Crosses $600bn Net Worth by ARISHEM:
Over money. Richer than some countries.
If he is Nigerian and decide to live here many criminals will be hatching out plans on how to kidnap him.
Some over religious people attribute his wealth to his top partner status in contribution to Pastor Chris raphsody. As if others that do don't have one head as his
Re: Elon Musk Crosses $600bn Net Worth by AlphaTaikun:
BlackViper:
Elon Musk has become the first person in history to surpass a net worth of $600 billion, with his wealth now estimated at $677 billion, according to Forbes.

The sharp rise in Musk’s fortune was driven mainly by the soaring value of his private space company, SpaceX.


Earlier this month, SpaceX carried out a tender offer that valued the company at $800 billion, up from $400 billion in August, according to investors cited by Forbes.

Musk owns about 42 per cent of SpaceX, and the new valuation alone added roughly $168 billion to his personal wealth.

The tender offer comes ahead of a possible SpaceX initial public offering (IPO) in 2026, which could value the company at around $1.5 trillion, according to one investor. Such a move could make Musk the world’s first trillionaire, even without gains from his other businesses
.

Forbes estimates that Musk’s $336 billion stake in SpaceX is now his most valuable asset, ahead of his 12 per cent stake in Tesla, valued at about $197 billion.

His Tesla stock options from the 2018 CEO performance award, which were voided by a Delaware judge in January 2024, are currently valued at $69 billion, pending the outcome of his appeal.

Musk’s artificial intelligence company, xAI, also plays a major role in his growing fortune. The company is reportedly raising funds at a valuation of $230 billion, more than double the $113 billion valuation Musk mentioned when xAI was formed earlier this year through a merger with social media platform X.

Musk owns 53 per cent of xAI, a stake valued at about $60 billion.

With an estimated $425 billion gap between him and the world’s second-richest person, Google co-founder Larry Page, Forbes notes that Musk is now closer to $700 billion than to losing his position as the world’s richest individual.
https://pmnewsnigeria.com/2025/12/16/elon-musk-becomes-first-person-to-cross-600bn-net-worth/
That's an impressive feat for Elon based off of a rise in the value of all his assets. However, for those who don't know, it's just his net worth and that doesn't translate immediately into physical or liquid USD cash.
Re: Elon Musk Crosses $600bn Net Worth by Capernum: 11:01am On Dec 16, 2025
Are these super reach guys humans at all? This is magnificently astronomically high.

Is this not the same money we are looking for and hustling hard for?

There must be mystery he operates on. This result is not human even if he's human.
Re: Elon Musk Crosses $600bn Net Worth by MrColdsweat: 11:02am On Dec 16, 2025
All wealth is the aggregation of stolen labour.
Re: Elon Musk Crosses $600bn Net Worth by Elvis2kay: 11:03am On Dec 16, 2025
And so whathuh $600B for only 1 man
Re: Elon Musk Crosses $600bn Net Worth by blueghost(m): 11:03am On Dec 16, 2025
smashing just outstanding
Re: Elon Musk Crosses $600bn Net Worth by MaxW11: 11:04am On Dec 16, 2025
Capernum:
Are these super reach guys humans at all?
Believe it or not they are just as human as me and you: 2 hands, 2 legs, one brain, 24 hours in a day. Biggest difference is how these chaps spend their time and appetite for risky ventures, that just the thought of will give most normal folks a stroke.
Re: Elon Musk Crosses $600bn Net Worth by SixSeven:
Gerrard59:
You are right about Trump, but the same South Korea has doled out over $200BN in the past ten years, yet fertility rates plummeted.


Simple:
- Women are more educated and financially independent. They have realised there is more to life than just being childbearers. In every country across cultures and religions, the more educated and financially empowered the women are, the lower their fertility rates. This has been observed in the Middle East and Asian countries.
- Birth control. The very fact that women can deliberately control the number of children they want means the fertility rate will hardly rise. Combine this with financial freedom. Women can now live their lives without ever needing a man. That is the new normal.
- Testosterone rates too have dropped due to toxic pollutants, sedentary diets and lifestyle choices.
- Humans have gotten selfish. They have new hobbies, they want to travel to new places, eat new dishes, buy items for themselves, aka self-care etc. These lifestyle choices clash with raising and taking care of children.
- and many more.

Some will say it is as a result of not offering women rights, yet Niger Republic has a higher fertility rate than South Korea. In fact, feminism leads to a declining fertility rate. Nordic countries are adjudged to be "gender equal", yet fertility rates there are low. The French have off-days yet fertility rates have dropped. They say a high cost of living, yet poorer countries have higher fertility rates than wealthier ones.
I see your points and I understand but I think it's culture. A culture that makes people understand that education is not a life of selfishness or ambitions. There's nothing wrong with educated women but if that same education makes them see the natural state of reproduction as an inconvenience, then there is a problem with that education. The paradox about the high cost of living is that in the poor countries, life is more than material wealth. In the rich countries, life is how much of material wealth you can achieve before giving birth. The first thing they will calculate is the cost of child care and it is damn expensive. Some Americans go and give birth outside the US because it's cheaper there while Nigerians travel to give birth there because of the card! Life is very interesting. Capitalism is very selfish, it has its benefits but its disadvantages is how it takes your soul away. Humanity is lost and the essence of living is lost. Elon can have any number of children he has because he can afford it and he can practise informal polygamy because he can afford it but a Nigerian man who does that is abused. See people today discouraging others from having children. It's a mindset thing. Human population has never been the problem especially for Nigeria. In fact, it is an asset as we have talented people. The greatest problem is mismanagement of the people and we then see it as a burden. Rich men online especially in the west want more children. They can afford it. They don't say they only want 1/2. They are talking legacy. wink



https://www.youtube.com/watch?v=krLoCRF_0F0

The menonites have proven us wrong. If we practise something like that here, it is called poor man thinking. If it's a white man, we paint it with red wine and luxury. 🤡

https://www.youtube.com/watch?v=jMmpmBOXBwU

Re: Elon Musk Crosses $600bn Net Worth by tetralogyfallot(m): 11:05am On Dec 16, 2025
This guy is damn rich mehn. Omo
Re: Elon Musk Crosses $600bn Net Worth by SEMACCOUNT: 11:05am On Dec 16, 2025
...and to think that real rich men don't form beats my imagination!
Re: Elon Musk Crosses $600bn Net Worth by osuofia2(m): 11:05am On Dec 16, 2025
America no be any body mate, China and Come can only make noise but the wealth distribution in any America can't be match any country. God bless America. Ise!
Re: Elon Musk Crosses $600bn Net Worth by feedthenation(m): 11:05am On Dec 16, 2025
---will he donate the money for charity---
Re: Elon Musk Crosses $600bn Net Worth by Iran2025: 11:05am On Dec 16, 2025
Oh God remember me. Congratulations to him.
Re: Elon Musk Crosses $600bn Net Worth by osuofia2(m): 11:06am On Dec 16, 2025
feedthenation:
---will he donate the money for charity---
If you like no go work or call your corrupt government and citizens to order, be waiting for charity
1 2 3 4 5 Reply

NGX Market Cap Crosses 100 Trillion Naira ThresholdDollar Hits All-time Low, Crosses N1,500 At Official MarketUBA Crosses N1tn Market Capitalisation On NGX234

Cross River Government Seals First Bank Offices In Cross River Over N211m TaxSchool Chalk Making MachineIMF Doubts Nigeria’s Capacity To Repay Debts