Musk’s Fortune Soars Above $600 Billion on New SpaceX Valuation

Elon Musk’s wealth has reached a new high, topping $600 billion for the first time on the back of a new valuation for SpaceX.

Elon Musk

Photographer: Stefani Reynolds/Bloomberg

The world’s richest person is worth almost $638 billion, according to the Bloomberg Billionaires Index, after SpaceX hit a valuation of about $800 billion in an insider share sale — a deal that makes the Starbase, Texas-based rocket maker the world’s most valuable private company. Musk is its founder and chief executive officer.

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