{"id":547,"date":"2026-05-22T11:37:57","date_gmt":"2026-05-22T11:37:57","guid":{"rendered":"https:\/\/americanhomejournals.com\/?p=547"},"modified":"2026-05-22T11:37:57","modified_gmt":"2026-05-22T11:37:57","slug":"elon-musks-wealth-jumps-to-a-record-722-billion-as-spacexs-ipo-filing-shines-new-light-on-his-finances","status":"publish","type":"post","link":"https:\/\/americanhomejournals.com\/?p=547","title":{"rendered":"Elon Musk’s wealth jumps to a record $722 billion as SpaceX’s IPO filing shines new light on his finances"},"content":{"rendered":"
\n

Elon Musk’s estimated wealth soared by $45 billion to a record $722 billion on Thursday after the release of SpaceX’s IPO prospectus offered fresh transparency into his personal finances.<\/p>\n

Read more Microsoft\u2019s AI reboot is creating a new inner circle around Satya Nadella<\/a><\/p>\n

The SpaceX and Tesla CEO’s net worth jumped after the Bloomberg Billionaires Index removed a $45 billion liability tied to his SpaceX stake.<\/p>\n

Bloomberg had assumed that 57% of Musk’s SpaceX shares were pledged as collateral for personal loans, after he said in 2019 that he’d borrowed against some of them.<\/p>\n

However, SpaceX’s prospectus revealed that as of May 1, Musk had only pledged about 238,000 of his 849.5 million SpaceX shares \u2014 less than 0.3% \u2014 as “security for personal indebtedness.”<\/p>\n

The disclosure led Bloomberg to scrap the $45 billion liability, catapulting Musk’s estimated wealth by that amount to a fresh high.<\/p>\n

He’s now gained an unmatched $103 billion this year, making him richer than the next two people on Bloomberg’s rich list, Alphabet cofounders Larry Page and Sergey Brin, combined.<\/p>\n

Read more I left a $346K job and launched a makeup brand. I make a fraction of my old salary but I love working for myself.<\/a><\/p>\n

Musk’s wealth has ballooned as his companies’ valuations have soared.<\/p>\n

Tesla stock has surged roughly 14-fold since the start of 2020, propelling the EV maker’s market capitalization to $1.3 trillion.<\/p>\n

SpaceX’s valuation rocketed around 20-fold between the spring of 2020 and December last year. The rocket business, which acquired Musk-owned xAI in February, has targeted a valuation north of $1.5 trillion as a public company.<\/p>\n

Musk owns about 11% of Tesla, but could double the size of his stake in the coming years if he hits the milestones in his latest pay package. He owns around 50% of SpaceX per the rocket-and-satellite company’s filing this week.<\/p>\n

The tech titan’s $722 billion fortune exceeds the market value of most of the world’s largest companies, including Exxon Mobil, Visa, and Intel.<\/p>\n

Read more My graduation walk got canceled by COVID. My daughter\u2019s was ruined by AI.<\/a><\/p>\n<\/section>\n","protected":false},"excerpt":{"rendered":"

SpaceX’s IPO prospectus revealed Elon Musk is barely borrowing against his shares, leading Bloomberg to add $45 billion to its net worth estimate.<\/p>\n","protected":false},"author":1,"featured_media":546,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-547","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance"],"yoast_head":"\nElon Musk's wealth jumps to a record $722 billion as SpaceX's IPO filing shines new light on his finances - American home journals<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/americanhomejournals.com\/?p=547\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Elon Musk's wealth jumps to a record $722 billion as SpaceX's IPO filing shines new light on his finances - 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