Musk’s Net Worth Surges Nearly $100 Billion More—Hitting $1.2 Trillion As SpaceX Soars 11%

BreakingBusinessMusk’s Net Worth Surges Nearly $100 Billion More—Hitting $1.2 Trillion As SpaceX Soars 11%ByTy Roush,Forbes Staff. Ty Roush is a breaking news reporter based in New York City.Follow AuthorJun 15, 2026, 01:12pm EDTToplineElon Musk’s fortune increased by more than $90 billion Monday, reaching a record high $1.2 trillion and extending his lead as the world’s richest person, as shares of SpaceX surged more than 11% on the first full trading day after the company’s historic IPO.The world’s richest person became the first trillionaire after SpaceX’s trading debut. Getty ImagesKey FactsShares of SpaceX surged nearly 12% as of Monday afternoon to just under $180, extending Friday’s opening rally of 19%, as Tesla shares also rose slightly (0.6%).A further boost in SpaceX shares added $92.5 billion to Musk’s net worth, valued at a record $1.2 trillion, as he ranks the world’s richest person by around four times the net worth of any other person, well ahead of Google cofounders Larry Page ($303 billion) and Sergey Brin ($279.5 billion) and Amazon’s Jeff Bezos ($256 billion), according to Forbes’ Real-Time Billionaires list.Musk owns 4.8 billion SpaceX shares and an additional 350 million stock options with an exercise price of $8.40 per share, bringing his stake to about 38%. if (!window.cnxel) { window.cnxel = {}; window.cnxel.cmd = []; var iframe = document.createElement('iframe'); iframe.style.display = 'none'; iframe.onload = function() { var iframeDoc = iframe.contentWindow.document; var script = iframeDoc.createElement('script'); script.src = '//cd.elements.video/player.js?cid=62cec241-7d09-4462-afc2-f72f8d8ef40a'; script.setAttribute('defer', '1'); script.setAttribute('type', 'text/javascript'); iframeDoc.body.appendChild(script); }; document.head.appendChild(iframe); const preloadResourcesEndpoint = 'https://cds.elements.video/a/preload-resources-ovp.json'; fetch(preloadResourcesEndpoint, { priority: 'low' }) .then(response => { if (!response.ok) { thro...