Musk Net Worth Hits $677B

Benzinga

Elon Musk’s net worth hit a record as SpaceX’s valuation jumped to $800B ahead of a potential 2026 IPO. Musk also stands to gain from Tesla after approval of a landmark compensation package.

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00:00It's Benzinga, bringing Wall Street to Main Street

00:02Billionaire entrepreneur Elon Musk reached a new wealth milestone as SpaceX's valuation

00:07surged ahead of a planned 2026 public offering. Ford's reported Musk's net worth touched $677

00:14billion on Monday after SpaceX launched a tender offer valuing the company at $800 billion.

00:20The move marked a sharp increase from a $400 billion valuation in July

00:25and follows Musk crossing the $500 billion mark earlier this year.

00:28SpaceX has begun allowing early investors and employees to sell shares as it prepares for a

00:34potential IPO that could value the company at $1.5 trillion. Musk also stands to benefit from

00:40Tesla after shareholders approved a record executive compensation package tied to ambitious

00:46market capitalization targets. For all things money, visit Benzinga.com.

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