Elon Musk is now worth more than the entire Bitcoin network after another sharp rally in SpaceX shares lifted his estimated fortune to $1.4 trillion.
Musk added approximately $119.1 billion in a single day, extending a historic wealth surge that began with SpaceX’s record Nasdaq listing. The increase took his fortune above Bitcoin’s current market capitalization of roughly $1.31 trillion.
SpaceX shares climbed 11% to around $213.16 on Tuesday, valuing the rocket, satellite and artificial intelligence company near $2.8 trillion. The stock briefly carried SpaceX above Microsoft and left it ahead of Amazon among the world’s largest listed companies.
The move came less than a week after SpaceX priced its IPO at $135 per share and raised an initial $75 billion. Underwriters later exercised their over-allotment option, increasing total proceeds to $85.7 billion. SPCX has gained nearly 58% from the IPO price as investors pursue exposure to Starlink, reusable launch systems, government contracts and the company’s growing AI infrastructure business.
Musk’s SpaceX Stake Is Now Worth More Than $1 Trillion
SpaceX has replaced Tesla as the dominant source of Musk’s wealth. He controls approximately 4.76 billion SpaceX shares, putting the listed value of that position above $1 trillion at Tuesday’s trading price.
His remaining wealth comes from Tesla shares and options, Neuralink, The Boring Company and other holdings. The public listing first made Musk the world’s first trillionaire, before another two sessions of SPCX gains widened his lead over every other individual on the global wealth rankings.
Musk’s $1.4 trillion fortune is also larger than the combined wealth of the next four richest people, including Larry Page, Sergey Brin, Jeff Bezos and Larry Ellison.
The latest jump was driven partly by record demand for newly listed SpaceX options. More than one million contracts traded by early Tuesday afternoon, with bullish call activity forcing dealers to buy shares to hedge their exposure. SpaceX also recorded about $52 billion in stock turnover during the session, the highest among major U.S.-listed companies.
Bitcoin Holds Near $65,600
Bitcoin traded around $65,600 with approximately 20.04 million coins in circulation, placing its market value near $1.31 trillion. Musk’s fortune exceeded that figure by approximately $86 billion during the latest market update.
The gap remains narrow enough for either market to reverse the ranking. With the current circulating supply, Bitcoin would need to trade near $69,850 to reach a $1.4 trillion capitalization, assuming Musk’s estimated wealth remained unchanged.
SpaceX is also moving closer to the next major valuation threshold. After its market capitalization passed $2.3 trillion, prediction-market traders began assigning an approximately 56% chance that it reaches $3 trillion by June 30.
At Tuesday’s prices, Musk stood near $1.4 trillion, Bitcoin near $1.31 trillion and SpaceX near $2.8 trillion. Further SPCX gains would widen the wealth gap, while a Bitcoin move above approximately $70,000 would put the cryptocurrency back ahead.
