{"id":1165,"date":"2026-05-22T13:27:21","date_gmt":"2026-05-22T13:27:21","guid":{"rendered":"https:\/\/www.sterlingcooper.info\/blog\/?p=1165"},"modified":"2026-05-22T13:27:21","modified_gmt":"2026-05-22T13:27:21","slug":"elon-musks-net-worth-is-now-over-700-billion-go-elon-go","status":"publish","type":"post","link":"https:\/\/www.sterlingcooper.info\/blog\/elon-musks-net-worth-is-now-over-700-billion-go-elon-go\/","title":{"rendered":"ELON MUSK&#8217;S NET WORTH IS NOW OVER $700 BILLION&#8230;GO ELON GO!"},"content":{"rendered":"<div class=\"article-image-slot image-slot-placeholder\" data-is-first=\"true\" data-height=\"2666\" data-doc-id=\"cms\/api\/amp\/image\/AA221rPi\">\n<div class=\"article-image-slot\">\n<div class=\"article-image-container polished\" data-t=\"{&quot;n&quot;:&quot;OpenModal&quot;,&quot;t&quot;:13,&quot;b&quot;:8,&quot;c.i&quot;:&quot;AA23P0e9&quot;,&quot;c.l&quot;:false,&quot;c.t&quot;:13,&quot;c.v&quot;:&quot;finance&quot;,&quot;c.c&quot;:&quot;finance-companies&quot;,&quot;c.b&quot;:&quot;Business Insider&quot;,&quot;c.bi&quot;:&quot;AA28VO&quot;,&quot;c.tv&quot;:&quot;finance&quot;,&quot;c.tc&quot;:&quot;economy&quot;,&quot;c.hl&quot;:&quot;Elon Musk's wealth jumps to a record $722 billion as SpaceX's IPO filing shines new light on his finances&quot;}\" data-test-id=\"AA221rPi\">\n<div><\/div>\n<p><button class=\"article-image-height-wrapper expandable article-image-height-wrapper-new\" data-customhandled=\"true\" data-t=\"{&quot;n&quot;:&quot;OpenModalButton&quot;,&quot;a&quot;:&quot;click&quot;,&quot;b&quot;:1,&quot;c.i&quot;:&quot;AA23P0e9&quot;,&quot;c.l&quot;:false,&quot;c.t&quot;:13,&quot;c.v&quot;:&quot;finance&quot;,&quot;c.c&quot;:&quot;finance-companies&quot;,&quot;c.b&quot;:&quot;Business Insider&quot;,&quot;c.bi&quot;:&quot;AA28VO&quot;,&quot;c.tv&quot;:&quot;finance&quot;,&quot;c.tc&quot;:&quot;economy&quot;,&quot;c.hl&quot;:&quot;Elon Musk's wealth jumps to a record $722 billion as SpaceX's IPO filing shines new light on his finances&quot;}\"><img decoding=\"async\" class=\"article-image article-image-ux-impr article-image-new expandable\" title=\"Elon Musk is even wealthier than previously thought. Bloomberg\/Getty Images\" src=\"https:\/\/img-s-msn-com.akamaized.net\/tenant\/amp\/entityid\/AA221rPi.img?w=534&amp;h=356&amp;m=6&amp;x=385&amp;y=178&amp;s=234&amp;d=392\" alt=\"Elon Musk is even wealthier than previously thought. Bloomberg\/Getty Images\" \/><\/button><\/p>\n<div class=\"image-caption-container image-caption-container-ux-impr articlewc-image-caption-container\"><span class=\"image-caption\">Elon Musk is even wealthier than previously thought. Bloomberg\/Getty Images<\/span><span class=\"image-attribution image-attribution-ux-impr\">\u00a9\u00a0Bloomberg\/Getty Images<\/span><\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"article-list-slot\">\n<ul class=\"summary-list\">\n<li data-t=\"{&quot;n&quot;:&quot;blueLinks&quot;,&quot;t&quot;:13,&quot;a&quot;:&quot;click&quot;,&quot;b&quot;:76}\">Elon Musk is worth a record $722 billion after a $45 billion gain on Thursday.<\/li>\n<li data-t=\"{&quot;n&quot;:&quot;blueLinks&quot;,&quot;t&quot;:13,&quot;a&quot;:&quot;click&quot;,&quot;b&quot;:76}\">SpaceX&#8217;s IPO filing this week revealed he&#8217;s borrowing against virtually none of his shares.<\/li>\n<li data-t=\"{&quot;n&quot;:&quot;blueLinks&quot;,&quot;t&quot;:13,&quot;a&quot;:&quot;click&quot;,&quot;b&quot;:76}\">The revelation led Bloomberg to remove a $45 billion liability from its wealth estimate for Musk.<\/li>\n<\/ul>\n<\/div>\n<p data-t=\"{&quot;n&quot;:&quot;blueLinks&quot;,&quot;t&quot;:13,&quot;a&quot;:&quot;click&quot;,&quot;b&quot;:76}\">Elon Musk&#8217;s estimated wealth soared by $45 billion to a record $722 billion on Thursday after the\u00a0<a class=\"\" href=\"https:\/\/www.businessinsider.com\/spacex-ipo-filing-going-public-investors\" target=\"_blank\" rel=\"noopener\" data-t=\"{&quot;n&quot;:&quot;destination&quot;,&quot;t&quot;:13,&quot;a&quot;:&quot;click&quot;,&quot;b&quot;:1,&quot;c.t&quot;:7}\">release of SpaceX&#8217;s IPO prospectus<\/a>\u00a0offered fresh transparency into his personal finances.<\/p>\n<div class=\"intra-article-module\" data-t=\"{&quot;n&quot;:&quot;intraArticle&quot;,&quot;t&quot;:13}\">\n<div class=\"articlePageIntraArticleFullWidth ad-slot-placeholder left-image-intra-ad full-bleed-image-intra-ad intra-ad-rm-bg intra-ad-rm-h\" data-ad-index=\"0\">\n<div class=\"left-image-intra-ad full-bleed-image-intra-ad intra-article-display-ad\">\n<div class=\"displayAdContainer\"><a class=\"adSlug adChoicesOutside \" tabindex=\"-1\" href=\"https:\/\/go.microsoft.com\/fwlink\/?LinkID=286759\" target=\"_blank\" rel=\"noopener\"><span class=\"adChoicesSpan\">Sponsored<\/span><\/a><\/div>\n<\/div>\n<\/div>\n<\/div>\n<p data-t=\"{&quot;n&quot;:&quot;blueLinks&quot;,&quot;t&quot;:13,&quot;a&quot;:&quot;click&quot;,&quot;b&quot;:76}\">The\u00a0<a class=\"\" href=\"https:\/\/www.businessinsider.com\/elon-musk-net-worth\" target=\"_blank\" rel=\"noopener\" data-t=\"{&quot;n&quot;:&quot;destination&quot;,&quot;t&quot;:13,&quot;a&quot;:&quot;click&quot;,&quot;b&quot;:1,&quot;c.t&quot;:7}\">SpaceX and Tesla CEO&#8217;s net worth<\/a>\u00a0jumped after the Bloomberg Billionaires Index removed a $45 billion liability tied to his SpaceX stake.<\/p>\n<p class=\"continue-read-break\" data-t=\"{&quot;n&quot;:&quot;blueLinks&quot;,&quot;t&quot;:13,&quot;a&quot;:&quot;click&quot;,&quot;b&quot;:76}\">Bloomberg had assumed that 57% of Musk&#8217;s SpaceX shares were pledged as collateral for\u00a0<a class=\"\" href=\"https:\/\/www.businessinsider.com\/elon-musk-problems-twitter-x-tesla-gamble-luck-run-out-2023-12\" target=\"_blank\" rel=\"noopener\" data-t=\"{&quot;n&quot;:&quot;destination&quot;,&quot;t&quot;:13,&quot;a&quot;:&quot;click&quot;,&quot;b&quot;:1,&quot;c.t&quot;:7}\">personal loans<\/a>, after he said in 2019 that he&#8217;d borrowed against some of them.<\/p>\n<p data-t=\"{&quot;n&quot;:&quot;blueLinks&quot;,&quot;t&quot;:13,&quot;a&quot;:&quot;click&quot;,&quot;b&quot;:76}\">However,\u00a0<a class=\"\" href=\"https:\/\/www.businessinsider.com\/spacex-ipo-elon-musk-starlink-s1-ai-stocks-markets-investing-2026-5\" target=\"_blank\" rel=\"noopener\" data-t=\"{&quot;n&quot;:&quot;destination&quot;,&quot;t&quot;:13,&quot;a&quot;:&quot;click&quot;,&quot;b&quot;:1,&quot;c.t&quot;:7}\">SpaceX&#8217;s prospectus<\/a>\u00a0revealed that as of May 1, Musk had only pledged about 238,000 of his 849.5 million SpaceX shares \u2014 less than 0.3% \u2014 as &#8220;security for personal indebtedness.&#8221;<\/p>\n<p data-t=\"{&quot;n&quot;:&quot;blueLinks&quot;,&quot;t&quot;:13,&quot;a&quot;:&quot;click&quot;,&quot;b&quot;:76}\">The disclosure led Bloomberg to scrap the $45 billion liability, catapulting Musk&#8217;s estimated wealth by that amount to a fresh high.<\/p>\n<p class=\"\" data-t=\"{&quot;n&quot;:&quot;blueLinks&quot;,&quot;t&quot;:13,&quot;a&quot;:&quot;click&quot;,&quot;b&quot;:76}\">He&#8217;s now gained an unmatched $103 billion this year, making him richer than the next two people on Bloomberg&#8217;s rich list, Alphabet cofounders\u00a0<a class=\"\" href=\"https:\/\/www.businessinsider.com\/larry-page-sergey-brin-wealth-google-alphabet-stock-musk-ai-2025-11\" target=\"_blank\" rel=\"noopener\" data-t=\"{&quot;n&quot;:&quot;destination&quot;,&quot;t&quot;:13,&quot;a&quot;:&quot;click&quot;,&quot;b&quot;:1,&quot;c.t&quot;:7}\">Larry Page and Sergey Brin<\/a>, combined.<\/p>\n<p data-t=\"{&quot;n&quot;:&quot;blueLinks&quot;,&quot;t&quot;:13,&quot;a&quot;:&quot;click&quot;,&quot;b&quot;:76}\">Musk&#8217;s wealth has ballooned as his companies&#8217; valuations have soared.<\/p>\n<p data-t=\"{&quot;n&quot;:&quot;blueLinks&quot;,&quot;t&quot;:13,&quot;a&quot;:&quot;click&quot;,&quot;b&quot;:76}\"><a class=\"\" href=\"https:\/\/www.businessinsider.com\/tesla\" target=\"_blank\" rel=\"noopener\" data-t=\"{&quot;n&quot;:&quot;destination&quot;,&quot;t&quot;:13,&quot;a&quot;:&quot;click&quot;,&quot;b&quot;:1,&quot;c.t&quot;:7}\">Tesla stock<\/a>\u00a0has surged roughly 14-fold since the start of 2020, propelling the EV maker&#8217;s market capitalization to $1.3 trillion.<\/p>\n<p data-t=\"{&quot;n&quot;:&quot;blueLinks&quot;,&quot;t&quot;:13,&quot;a&quot;:&quot;click&quot;,&quot;b&quot;:76}\">SpaceX&#8217;s valuation rocketed around 20-fold between the spring of 2020 and December last year. The rocket business, which acquired Musk-owned xAI in February, has targeted a valuation north of $1.5 trillion as a\u00a0<a class=\"\" href=\"https:\/\/www.businessinsider.com\/elon-musk-keeps-control-spacex-ipo-voting-rights-governance-2026-5\" target=\"_blank\" rel=\"noopener\" data-t=\"{&quot;n&quot;:&quot;destination&quot;,&quot;t&quot;:13,&quot;a&quot;:&quot;click&quot;,&quot;b&quot;:1,&quot;c.t&quot;:7}\">public company<\/a>.<\/p>\n<p data-t=\"{&quot;n&quot;:&quot;blueLinks&quot;,&quot;t&quot;:13,&quot;a&quot;:&quot;click&quot;,&quot;b&quot;:76}\">Musk owns about 11% of Tesla, but could double the size of his stake in the coming years if he hits the milestones in his\u00a0<a class=\"\" href=\"https:\/\/www.businessinsider.com\/elon-musk-tesla-pay-package-trillion-takeaways-succession-valuation-voting-2025-9\" target=\"_blank\" rel=\"noopener\" data-t=\"{&quot;n&quot;:&quot;destination&quot;,&quot;t&quot;:13,&quot;a&quot;:&quot;click&quot;,&quot;b&quot;:1,&quot;c.t&quot;:7}\">latest pay package<\/a>. He owns around 50% of SpaceX per the rocket-and-satellite company&#8217;s filing this week.<\/p>\n<p data-t=\"{&quot;n&quot;:&quot;blueLinks&quot;,&quot;t&quot;:13,&quot;a&quot;:&quot;click&quot;,&quot;b&quot;:76}\">The tech titan&#8217;s $722 billion fortune exceeds the market value of most of the world&#8217;s largest companies, including Exxon Mobil, Visa, and Intel.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Elon Musk is even wealthier than previously thought. Bloomberg\/Getty Images\u00a9\u00a0Bloomberg\/Getty Images Elon Musk is worth a record $722 billion after a $45 billion gain on Thursday. SpaceX&#8217;s IPO filing this week revealed he&#8217;s borrowing against virtually none of his shares. The revelation led Bloomberg to remove a $45 billion liability from its wealth estimate for [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27],"tags":[],"class_list":["post-1165","post","type-post","status-publish","format-standard","hentry","category-billionaires-in-the-world"],"_links":{"self":[{"href":"https:\/\/www.sterlingcooper.info\/blog\/wp-json\/wp\/v2\/posts\/1165","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.sterlingcooper.info\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.sterlingcooper.info\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.sterlingcooper.info\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.sterlingcooper.info\/blog\/wp-json\/wp\/v2\/comments?post=1165"}],"version-history":[{"count":1,"href":"https:\/\/www.sterlingcooper.info\/blog\/wp-json\/wp\/v2\/posts\/1165\/revisions"}],"predecessor-version":[{"id":1166,"href":"https:\/\/www.sterlingcooper.info\/blog\/wp-json\/wp\/v2\/posts\/1165\/revisions\/1166"}],"wp:attachment":[{"href":"https:\/\/www.sterlingcooper.info\/blog\/wp-json\/wp\/v2\/media?parent=1165"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.sterlingcooper.info\/blog\/wp-json\/wp\/v2\/categories?post=1165"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.sterlingcooper.info\/blog\/wp-json\/wp\/v2\/tags?post=1165"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}