New Delhi: Elon Musk has rewritten global wealth records after a landmark merger between SpaceX and his artificial intelligence venture xAI propelled his personal net worth beyond ₹70 lakh crore, making him the richest individual the world has ever seen.
The SpaceX–xAI transaction values the combined entity at roughly ₹104 lakh crore, according to estimates cited by Forbes, and added close to ₹7 lakh crore to Musk’s fortune in a single stroke. His total net worth is now estimated at around ₹71–72 lakh crore, placing him far ahead of every other billionaire globally.
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How the merger transformed Musk’s wealth
Before the deal, Musk owned about 42% of SpaceX, which had been valued at nearly ₹66 lakh crore following a tender offer late last year. That stake alone was worth approximately ₹28 lakh crore. He also held close to 49% of xAI, which was valued at around ₹21 lakh crore after a recent private fundraising round, making his holding worth about ₹10 lakh crore.
Following the merger, SpaceX was valued at nearly ₹83 lakh crore, while xAI retained a valuation of about ₹21 lakh crore. Forbes estimates suggest Musk now holds around 43% of the combined entity, translating into a stake valued at approximately ₹45 lakh crore.
This single holding now accounts for the bulk of Musk’s wealth, dwarfing his interests in electric vehicles, social media and other ventures.
SpaceX now Musk’s most valuable asset
SpaceX has decisively overtaken all other Musk-linked companies to become his largest source of wealth. Musk also owns roughly 12% of Tesla, currently valued at around ₹15 lakh crore, along with Tesla stock options estimated at another ₹10 lakh crore.
These figures exclude Tesla’s controversial performance-linked compensation package approved by shareholders in late 2025. If ambitious long-term targets are met, that package could eventually entitle Musk to Tesla shares worth up to ₹83 lakh crore before taxes and vesting costs. The targets reportedly include aggressive “Mars-shot” milestones, such as expanding Tesla’s market capitalisation more than eightfold over the next decade.
A rapid sequence of wealth records
The SpaceX–xAI merger marks the second major consolidation involving Musk’s companies in under a year. In early 2025, xAI was merged with Musk’s social media platform X, in a deal that valued xAI at about ₹6.5 lakh crore and X at nearly ₹2.7 lakh crore, close to what Musk paid for Twitter in 2022, excluding debt.
Musk’s ascent has been relentless. In October 2025, he became the world’s first ₹41 lakh crore individual as Tesla shares surged after he stepped away from a US government efficiency advisory role to refocus on the carmaker. By mid-December, his net worth crossed ₹50 lakh crore as SpaceX’s valuation doubled. Days later, he breached the ₹58 lakh crore mark following the restoration of Tesla stock options by a US court.
Far ahead of the rest
Musk is now estimated to be more than ₹48 lakh crore richer than the world’s second-wealthiest individual, Google co-founder Larry Page, whose fortune is estimated at around ₹23 lakh crore. The gap is unprecedented in modern financial history.
At current momentum, analysts say Musk is edging closer to yet another uncharted milestone — becoming the world’s first trillionaire, or a person worth more than ₹83 lakh crore.
What it signals for global tech
The scale of the SpaceX–xAI deal underlines how artificial intelligence and private aerospace have become the two most powerful wealth-creating engines in global technology. By combining launch infrastructure, satellite networks and advanced AI research under one corporate roof, Musk has created a platform investors see as uniquely positioned at the intersection of defence, space, data and intelligence.
For global markets, Musk’s surge is also a reminder of how private valuations — rather than public stock markets alone — are increasingly shaping the world’s richest fortunes.
About the author — Suvedita Nath is a science student with a growing interest in cybercrime and digital safety. She writes on online activity, cyber threats, and technology-driven risks. Her work focuses on clarity, accuracy, and public awareness.
