Elon Musk’s net worth has reached $1.4 trillion, surpassing the total market value of bitcoin.

U.Today, a blockchain media outlet, reported on June 16 that Musk’s net worth increased by $101.7 billion in a single day. His total wealth now exceeds bitcoin’s market capitalisation of $1.318 trillion.

The surge in wealth was driven by a rise in SpaceX’s valuation. SpaceX shares showed strong gains after its initial public offering, and rose about 8.6 percent in recent trading. On its first day of listing, SpaceX posted a market capitalisation of $2.2 trillion. Musk holds about 42 percent of SpaceX, linking the company’s success directly to an increase in his personal wealth, pushing his net worth well above $1 trillion and ahead of bitcoin’s total market value.

The comparison with bitcoin carries symbolic weight. Bitcoin was once an emerging asset centred on a small number of investors, but has now grown into a global network valued in the trillions of dollars. The fact that the net worth of a single individual has surpassed such an asset is drawing attention as an unusual development.

Bitcoin’s market capitalisation once came close to $2.5 trillion at its all-time high in October 2025. That was larger than most S&P 500 companies except Nvidia, Alphabet, Apple, Microsoft and Amazon. Now, after SpaceX’s listing, Musk’s net worth has again moved above bitcoin’s market value.

The gap between Musk and other billionaires has also widened sharply. Musk’s net worth is greater than the combined wealth of Larry Page at $294.1 billion, Sergey Brin at $271.3 billion, Jeff Bezos at $248.9 billion and Mark Zuckerberg at $194.8 billion.

From the bitcoin market’s perspective, relative comparisons are drawing more attention than sharp price swings. Bitcoin remains a large digital asset with a market capitalisation above $1 trillion, but the focus has turned to how a single mega listing event lifted an individual’s wealth above it. In the past, bitcoin’s market size was small and often lagged the assets of the richest people, but some interpret the development as a sign it has entered a stage where it is assessed as a global network worth trillions of dollars.

The milestone shows how directly the effects of SpaceX’s listing were reflected in Musk’s personal wealth. It also again highlights bitcoin’s growth into a large digital asset significant enough to be compared with individual wealth.