Elon Musk’s Net Worth Hits $900 Billion Again—As Billionaires, Harvard Disclose SpaceX Stakes

Aug 17, 2026 11:25 PM - 2 hours ago 1

Topline

Elon Musk’s nett worthy erstwhile again crossed $900 cardinal connected Monday, arsenic shares successful his SpaceX extended a weekslong rally aft dozens of organization investments successful the rocket shaper were revealed.

A regulatory deadline revealed dozens of organization investments successful Musk’s rocket firm.

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Key Facts

Shares of SpaceX jumped much than 6% to adjacent $150 arsenic of Monday afternoon, adding to a astir 87% surge since hitting an all-time debased of $104 connected Aug. 3.

A boost successful SpaceX’s banal added $47.7 cardinal to Musk’s nett worth, weighted astatine $911.9 billion, ranking him the world’s richest person, good up of Google co-founder Larry Page ($281.4 billion) astatine No. 2 and Amazon’s Jeff Bezos ($268.8 billion) astatine No. 3.

Friday was the Securities and Exchange Commission’s deadline for organization investors to disclose their stakes, including Harvard’s endowment, which revealed a astir $2.2 cardinal stake—making SpaceX its largest banal holding.

Nvidia disclosed a astir $21 cardinal liking totaling 122.8 cardinal shares, while BlackRock disclosed an $8.7 cardinal stake, Gigafund Management revealed a $29.3 cardinal stake, and Fidelity disclosed a $51.6 cardinal stake.

Several billionaires unveiled equity successful SpaceX: Josh Kushner’s Thrive Capital disclosed a $3.2 cardinal stake, entities controlled by Peter Thiel’s Founders Fund—the rocket maker’s first organization investor—disclosed a astir $73 cardinal liking and Hancock Prospecting, the mining patient owned by Australia’s richest person, Gina Rinehart, revealed a $1.3 cardinal stake.

surprising fact

Musk’s nett worthy dropped beneath $700 cardinal successful July, marking the first clip his luck fell beneath that period since December, aft SpaceX shares extended a 50% plunge from an all-time precocious connected June 16. As of July 23, Musk’s nett worthy had declined by astir $750 cardinal aft peaking astatine $1.45 trillion.

key background

SpaceX’s banal has rebounded since hitting an all-time low, pinch its first net study appearing amended than Wall Street anticipated. Shares concisely stumbled by 13% aft SpaceX’s first-ever earnings, but respective brokerages, including Morgan Stanley, Oppenheimer and Cantor, praised the firm’s financial occurrence and based on its AI business outweighed concerns astir its accrued spending. JPMorgan analysts wrote SpaceX was benefiting from “extreme vertical integration” and noted its “pace of alteration successful AI is incredibly fast,” and that a step-up successful AI infrastructure and higher monetization could push SpaceX’s AI gross to $100 cardinal successful 2027.