Elon Musk's net worth increased by $320 billion between July 2025 and July 2026, even after losing his trillionaire status, according to a BestBrokers analysis based on Forbes' real-time billionaires list. The Tesla and SpaceX CEO added $875 million daily over the year, maintaining his position as the world's richest person with an estimated net worth of $725.1 billion as of August 2026.
Musk briefly became the world's first trillionaire when SpaceX went public on June 12, 2025. However, SpaceX shares soon declined, causing his wealth to drop to its lowest level since December 2025, estimated at $690 billion. Despite this, SpaceX stock rebounded last week, rising 11.7% to $129 per share, its highest in three weeks, contributing to Musk's recent wealth gains.
The fluctuations in Musk's net worth reflect the volatility of tech stocks and the impact of SpaceX's public listing. His ability to add $320 billion in wealth over a year, despite market setbacks, underscores his significant influence in the technology and space sectors. Musk's net worth changes are closely watched as indicators of market trends and investor confidence in his ventures.
As of August 2026, Musk remains the richest individual globally, with a net worth of $725.1 billion, according to the latest Forbes data analyzed by BestBrokers. The SpaceX stock performance and Musk's wealth trajectory continue to be key metrics for investors and market analysts.