finance
Elon Musk Net Worth Reaches $722 Billion After SpaceX Filing Update
Elon Musk's estimated wealth increased by $45 billion to a record $722 billion following the release of SpaceX's IPO prospectus. The filing showed Musk had pledged far fewer shares as loan collateral than previously assumed.
May 22, 7:22 AM·1m read1 source
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Elon Musk's estimated wealth rose by $45 billion to a record $722 billion on Thursday after SpaceX released its IPO prospectus. 5 million SpaceX shares as security for personal loans as of May 1. 3 percent of his holdings. Bloomberg had previously assumed that 57 percent of Musk's SpaceX shares were pledged as collateral.
The new disclosure led the Bloomberg Billionaires Index to remove a $45 billion liability from its estimate.
Musk owns roughly 11 percent of Tesla and about 50 percent of SpaceX. 3 trillion. SpaceX's valuation increased around 20-fold between spring 2020 and December 2025. 5 trillion as a public company. Musk gained $103 billion in wealth this year. His current fortune exceeds the market value of most of the world's largest companies, including Exxon Mobil, Visa, and Intel.
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