economy
February 5, 2026
Elon Musk becomes first person ever worth over $800 billion
The surge in Musk’s fortune followed SpaceX’s acquisition of xAI, another company founded by the billionaire

TL;DR
- SpaceX acquired xAI, another company founded by Elon Musk.
- The combined company is valued at $1.25 trillion, adding $84 billion to Musk's fortune.
- Musk's stake in the merged entity is estimated at 43%, valued at $542 billion.
- SpaceX is now Musk's largest asset.
- This is the second merger of Musk's companies in under a year (xAI and X social media merged in March 2025).
- Musk has set four net worth records in four months, surpassing $700 billion.
- He is now $578 billion richer than the world's second-richest person, Larry Page.
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