Elon Musk, the world’s most headline-grabbing entrepreneur, has once again stunned global markets and investors alike. This time, it’s not a rocket launch or a new electric vehicle, but an audacious prediction: Musk’s net worth could soar to an unprecedented $3.1 trillion, shattering every record in the history of personal wealth. The race for the world’s first trillionaire is heating up, and the stakes have never been higher.

A New Era of Wealth Creation

If Musk’s prediction comes true, his personal fortune would eclipse the combined market values of giants like Bank of America and Procter & Gamble, and even rival the likes of ByteDance (the parent company of TikTok) and OpenAI, the current epicenter of the global artificial intelligence boom.

The catalyst for this jaw-dropping forecast? SpaceX, Musk’s trailblazing private space company, which in July 2025 shocked investors by preparing to sell about $1 billion in shares at a company valuation of $400 billion. With this figure, SpaceX is now one of the world’s most valuable private enterprises, standing shoulder to shoulder with ByteDance and surpassing OpenAI, which was valued at $300 billion earlier this year.

But the most remarkable aspect isn’t just the price tag. According to Cathie Wood’s renowned ARK Invest, SpaceX’s value could skyrocket to between $2.5 and $3.1 trillion by 2030. If this scenario plays out, SpaceX alone could contribute more than $1.2 trillion to Musk’s overall net worth.

The Money-Making Machine

Musk founded SpaceX in 2002 with $100 million from the sale of PayPal, not just to build rockets but as a manifesto for humanity’s multiplanetary future. Today, SpaceX is fast becoming a money-printing machine. In just a year, its valuation has doubled from $210 billion to $400 billion, putting it in the same league as ByteDance and well ahead of OpenAI.

This valuation gives SpaceX not only dominance in the private sector but also allows it to compete with the 20 most valuable publicly traded companies in the S&P 500, surpassing household names like Bank of America and Procter & Gamble. Musk currently owns about 42% of SpaceX’s shares and nearly 80% of its voting power, giving him a SpaceX stake worth approximately $168 billion—nearly as much as the entire net worth of many billionaires on the Forbes list.

What makes this even more extraordinary is that SpaceX is still a private company. Investors from Wall Street to global tech funds are clamoring for a piece of the action in secondary share sales, convinced that SpaceX’s potential is only beginning to be realized.

SpaceX: More Than Rockets

SpaceX is far more than just a rocket launch company. Its value is built on a foundation of ambitious, diversified projects.

The company’s reusable Falcon rocket technology has revolutionized the satellite launch industry, dramatically reducing costs and increasing launch frequency. This has secured SpaceX a string of lucrative contracts from NASA, the US Department of Defense, and commercial clients worldwide.

Analysts are especially bullish on Starlink, SpaceX’s satellite-based global internet service, which is quickly becoming a gold mine. Starlink brings broadband internet to remote and underserved regions where traditional infrastructure is lacking. With millions of subscribers and the potential for global expansion, Starlink is expected to contribute significantly to SpaceX’s annual revenue. The service has already reached profitability and is on a strong growth trajectory.

Then there’s Starship, SpaceX’s crown jewel, designed to transport people and cargo to the Moon and Mars, ushering in a new era of interplanetary travel. Although still in testing, Starship’s eventual success could open up entirely new markets, unlocking enormous value for SpaceX.

Beyond Tesla: A Unique Empire

Musk has repeatedly reclaimed the title of world’s richest person, largely thanks to Tesla’s stock price swings. But unlike Tesla—where he owns about 13% of the company and faces rising competition from Chinese and other EV makers—SpaceX is a private empire. It’s less exposed to the whims of the public market and enjoys a near-monopoly on government contracts, satellite launches, and telecom infrastructure.

Alongside Tesla, Musk’s newly launched AI startup xAI (valued at around $24 billion), and other personal assets, he has all the ingredients to become the world’s first “trillion-dollar man,” possibly as early as 2027—if SpaceX continues its meteoric rise.

Currently, Musk’s net worth is estimated at around $400 billion, primarily driven by Tesla, SpaceX, X (formerly Twitter), and xAI. Analysts note that with an annual growth rate of over 100%, Musk could cross the trillion-dollar threshold by 2027. SpaceX, especially with Starlink and Starship, is seen as the main engine of this growth and could even surpass Tesla’s contribution to Musk’s net worth.

Investor Confidence Amid Controversy

Despite recent controversies involving Musk and political figures like former President Donald Trump, investor confidence in SpaceX’s long-term vision remains strong. The upcoming share sales show that stakeholders are willing to overlook risks related to government contracts or the possibility of nationalization, focusing instead on SpaceX’s revolutionary potential.

SpaceX isn’t just transforming the space industry—it’s redefining the boundaries of personal wealth. While most people still dream of becoming billionaires, Musk is quietly, and relentlessly, rocketing toward the trillion-dollar mark, powered by technology, vision, and the fiery engines of his Falcon rockets.

The Road to the Unthinkable

The implications of Musk reaching a $3.1 trillion net worth are staggering. Such a fortune would not only make him the richest person in history but would also raise profound questions about wealth concentration, the role of technology in society, and the future of capitalism itself.

For now, the world watches as Musk and SpaceX push the limits of what’s possible, both in the skies above and on Wall Street. The race for the title of the world’s first trillionaire is on—and if the numbers are to be believed, the unthinkable may soon become reality.