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Elon Musk closes in on becoming the world's first trillionaire, led by SpaceX not Tesla

Elon Musk is nearing the status of the world’s first $1 trillion asset holder, with SpaceX emerging as the likely main engine rather than Tesla. Reports put his net worth at about $845 billion after topping $800 billion for the first time. A SpaceX-xAI merger valued the combined firm at about $1.25 trillion, lifting the estimated value of Musk’s stake. Tesla’s weight in his wealth is declining amid a weaker share price and slower car sales.