Elon Musk's Net Worth Soars to Record $788 Billion After Tesla Spike

Topline Elon Musk’s fortune soared Thursday, rising above $788 billion to a new record high as Tesla’s stock rose after Musk said the company’s robotaxi fleet would be “widespread” by year’s end. Key Facts Forbes Valuation Musk’s net worth added nearly $13 billion (1.7%) on Tesla’s stock surge, cementing his lead as the world’s richest person, ahead of Google cofounders Larry Page ($270.4 billion) and Sergey Brin ($249.5 billion), who rank as the second- and third-richest, respectively, according to Forbes’ estimates. Page and Brin have soared in recent months among the ranks of the world’s wealthiest, ranking ahead of No. 4 Jeff Bezos ($245.5 billion), No. 5 Larry Ellison ($227 billion) and No. 6 Mark Zuckerberg ($222.1 billion). What To Watch For Tesla will report fourth-quarter earnings after market close on Jan. 28. Earlier this month, Tesla reported it manufactured just over 434,000 vehicles and delivered roughly 418,000 in the quarter, a 16% decline compared to the same period in 2024. That pushed Tesla behind China’s BYD as the world’s largest electric vehicle maker, after BYD reported a 28% jump in annual sales to 2.26 million units. Key Background Musk has achieved numerous wealth milestones in the last year: In October, he became the first person to be worth $500 billion in October, he hit the $600 billion mark in December and then $700 billion just four days later. His wealth has accelerated on SpaceX being valued at $800 billion, well above the previous valuation of $400 billion in August 2025, and the Delaware Supreme Court overturning a ruling that voided Tesla stock options now worth about $126 billion. Forbes reported last week that another $62 billion was added to his fortune after his xAI Holdings raised $20 billion from investors at a $250 billion valuation earlier this month. Musk’s net worth may soon be the first to top $1 trillion: Tesla approved a compensation package for its CEO in November, which could be worth $1 trillion, should the company achieve several financial and production goals. Further Reading ForbesElon Musk’s Net Worth Ends 2025 At $726 Billion—More Valuable Than Belgium, Oracle, More