Forbes put Elon Musk’s net worth at $915.4 billion on September 28, 2026, and Bloomberg had Musk at $924 billion four days earlier. Both are estimates built from share prices, since no filing, court record or audit confirms Musk’s total wealth.
Key facts about Elon Musk’s net worth
| Reported net worth | About $915.4 billion (Forbes, Sept. 28, 2026) |
|---|---|
| Full name | Elon Reeve Musk |
| Born | June 28, 1971, Pretoria, South Africa (age 55) |
| Primary income source | Stakes in SpaceX and Tesla; no Tesla salary |
| Education | University of Pennsylvania |
| Marital status | Divorced; 14 publicly known children |
How much is Elon Musk worth, and who does the counting
Forbes and Bloomberg price Musk’s public stakes at the market, estimate the private ones, and subtract known debt. On September 6, 2026, their totals were $904 billion and $908 billion, according to Wikipedia’s summary of both indexes.
SpaceX is most of the number. The Forbes profile counts a 38% SpaceX stake including options and nearly 11% of Tesla, before unvested restricted stock that could add about 8% more.
Musk also owns pieces of Neuralink and The Boring Company. Both are private and publish no financials, so any dollar figure for them is an outside guess.
What made up Elon Musk’s net worth on Aug. 1, 2026
Bloomberg’s split of a $684 billion total, in billions of U.S. dollars
Who is Elon Musk, and where the first money came from
Elon Musk made about $180 million when eBay bought PayPal in October 2002. PayPal had formed from a merger with X.com, the online bank Musk started in 1999, as PayPal’s ownership history shows.
That money went into SpaceX, founded in 2002, and Tesla, which Musk backed in 2004 and has run as CEO since 2008. Forbes first listed Musk as a billionaire in 2012, at $2 billion.
Tesla carried the next decade. Its market value went from $75.7 billion at the end of 2019 to $1.06 trillion two years later, per Tesla’s year-by-year market capitalization.
Elon Musk today runs SpaceX, which now includes xAI and X, and is still Tesla’s CEO.
Elon Musk net worth 2025 vs. 2026: the SpaceX swing
Private share sales did the work in 2025. Forbes had Musk at 500billioninOctoberand
In February 2026, SpaceX acquired xAI, which already owned the former Twitter. That deal pushed Forbes’ estimate past $800 billion; the earlier step is covered in how X ended up inside xAI.
SpaceX priced its IPO at $135 a share on June 11, valuing the company near $1.77 trillion, CNN reported. Shares reached $225.64 on June 16, and Bloomberg’s estimate peaked near $1.33 trillion.
The fall took about six weeks. By August 1, Bloomberg had Musk at $684 billion, and Forbes had the figure back at $892 billion by September 1.
So a Reddit thread on Elon Musk’s net worth needs a date on it. Two accurate posts from this summer could cite numbers $650 billion apart.
Elon Musk net worth at selected dates, 2012 to 2026
Estimated net worth in billions of U.S. dollars; latest reading (Sept. 28, 2026) highlighted; June bar is the June 16 peak
Elon Musk’s wealth is not SpaceX’s market value
The two get mixed up. At the IPO price SpaceX was worth $1.77 trillion, while Musk owned about 42% of the equity and held 82.4% of the votes through super-voting shares.
Very little of it is cash. Musk takes no Tesla salary and paid for the $44 billion Twitter purchase in 2022 mostly by selling Tesla stock and taking on about $12 billion in debt.
Crossing $1 trillion still drew controversy. Senator Elizabeth Warren and Zohran Mamdani both used the milestone to argue for a wealth tax.
Elon Musk’s Tesla pay packages and the Delaware lawsuit
In January 2024, Delaware Chancellor Kathaleen McCormick voided Musk’s 2018 Tesla pay package, valued then near $56 billion. The Delaware Supreme Court restored it on December 19, 2025, awarding $1 in nominal damages.
The package covered options on 303 million split-adjusted shares, worth about $139 billion at the ruling. Musk exercised them on June 16, 2026.
A second plan, approved by shareholders in November 2025, could pay Musk about $1 trillion in Tesla stock if the company reaches roughly $8.5 trillion in value. Forbes leaves those unvested shares out.
Elon Musk lawsuits over OpenAI and Twitter shares
Musk sued OpenAI, Sam Altman and Greg Brockman in 2024, asking the court to return more than $130 billion to OpenAI’s nonprofit arm. The case centered on OpenAI’s shift to a for-profit structure.
On May 18, 2026, an Oakland jury found Musk had waited too long to sue, and Judge Yvonne Gonzalez Rogers agreed, CNN reported.
The SEC sued in January 2025, alleging a late disclosure of Twitter shares let Musk underpay investors by more than $150 million. Musk agreed in May 2026 to a $1.5 million settlement without admitting the claims.
Elon Musk’s family, houses and giving
Forbes counts 14 publicly known children with four women: Justine Wilson, Grimes, Shivon Zilis and Ashley St. Clair. Nevada, the first child of Musk and Justine Wilson, died as an infant.
In May 2020, Musk pledged to sell almost all physical possessions and “own no house.” In February 2026, The New York Times found at least 37 companies holding properties that appear to be for Musk’s personal use.
The Musk Foundation held more than $14 billion at the end of 2024. Forbes gives Musk a philanthropy score of 1 out of 5.
Elon Musk net worth FAQ
What is Elon Musk’s net worth today?
About $915.4 billion as of September 28, 2026, per Forbes, with Bloomberg at $924 billion on September 24. Either figure can move $10 billion or more in a single trading day.
How much was Elon Musk worth in 2025?
Forbes had Elon Musk at $500 billion in October 2025 and $677 billion by mid-December. Most of the gain came from SpaceX’s private valuation doubling to $800 billion.
Is Elon Musk still a trillionaire?
No. Musk passed $1 trillion on June 12, 2026, and has been below it since early July.
Is Elon Musk married?
No. Musk married Justine Wilson in 2000 and divorced in 2008, then married actress Talulah Riley twice; the second marriage ended in 2016.
Where does Elon Musk live now?
Forbes lists Austin, Texas. Much of the property Musk uses is held through companies rather than in Musk’s own name, according to The New York Times.
What does Reddit say about Elon Musk’s net worth?
Reddit has no independent data on Elon Musk’s net worth; threads quote Forbes or Bloomberg. Check each post’s date, because Bloomberg’s estimate ran from $684 billion to $1.33 trillion between June and August 2026.
