Elon Musk's net worth today, live: a real-time net worth tracker rebuilt from his actual SEC filings as Tesla (TSLA), SpaceX (SPCX) and the xAI unit inside it move. This Elon Musk wealth tracker cross-checks every figure against Forbes and Bloomberg, with every line sourced. Roughly $1.03 trillion as of September 25, 2026.
Free educational trade alerts and the weekly watchlist from the Pure Power Picks desk, including the TSLA and SPCX names that move this counter.
You are in. Keep an eye on your inbox for our first email.
| Date | Net worth | Day |
|---|
From a near-bankruptcy in 2008 to the first $1 trillion fortune in recorded history, here is the short version of how Elon Musk's net worth grew:
Most net worth pages quote a stale number from months ago. This one rebuilds the math in real time: share and option counts come straight from Elon Musk's SEC filings (his Tesla Form 4 and 13G/A, the SpaceX Form 3 filed at the June 2026 IPO, and his initial SpaceX Schedule 13G filed August 2026), and the two public positions reprice against live market quotes, including pre-market and after-hours. Neuralink and The Boring Company are valued at his estimated stake multiplied by the most recent reported funding-round valuation. Because those private stakes are estimates, the headline is shown to the nearest $0.1 billion, not to the dollar.
Because estimates legitimately differ, the console compares our number against Forbes and Bloomberg continuously. If another tracker moves tens of billions and ours does not, the status lamp steps from AGREE to WATCH or DIVERGED and we investigate what our model has not caught yet: a new filing, a funding round, a private-market repricing. A big gap against a print older than today reads STALE instead, which is normal for daily-close indexes the day after a big move.
Each row of the daily log is a regular-session close at 4:00 PM ET (1:00 PM on early-close days), never an after-hours or pre-market price. A row first records the last regular-session trade and is marked prelim until the official closing price replaces it once the next session opens. Weekends and market holidays have no row. The live figure between closes is the counter at the top of the page.
Here is how Elon Musk's net worth is calculated, line by line: his Tesla stake, his SpaceX stake (which now holds the xAI and X businesses inside it), his private holdings in Neuralink and The Boring Company, and the loans netted against them. Add the assets at live or last-reported prices, subtract the liabilities, and you get the figure on the counter above.
The Elon Musk Revocable Trust holds 413,152,109 Tesla shares, about 11% of the company per his April 2026 filings. On top of that, on June 16, 2026 he exercised the 2018 CEO performance award (303,960,630 options at a $23.34 strike, the package a Delaware court rescinded in 2024 and the Delaware Supreme Court reinstated in December 2025), converting it into 286,428,773 additional restricted Tesla shares after shares were withheld to cover the strike. The SEC filing says these shares vest January 19, 2028 subject to continued service. This estimate includes their full market value; they are not freely sellable cash. Together that puts his Tesla stake close to a fifth of the company.
SpaceX acquired xAI (which already owned X, formerly Twitter) in February 2026, then went public on Nasdaq as SPCX on June 12, 2026 at $135 per share, the largest IPO in history. His IPO Form 3 reports 4.77 billion common-equivalent shares plus 350 million vested options at an $8.40 strike. About 135.7 million of those shares sit in three trusts he serves as trustee for (the Mission Trust, a 2017 sprinkling trust and a 2024 GRAT, per the prospectus), and this estimate counts them along with his revocable trust's stake; on the Tesla side only his revocable trust's shares are counted. After SpaceX issued about 391 million new shares to close its Cursor merger in August 2026, that is about 35.1% of the company (about 36.7% counting the options), with 84.4% of the voting power at the IPO per the prospectus. All of his SpaceX shares are locked up until June 12, 2027. This single position is the majority of his fortune, which is why this page tracks SPCX tick by tick.
Neuralink and The Boring Company round out the portfolio. Company filings describe him as Neuralink's majority owner without giving a percentage, so the model uses 51%, the smallest majority, as a floor rather than a verified figure, at the roughly $9B pre-money valuation reported for its June 2025 Series E. The Boring Company does not publish his stake either: the model estimates about 60% (a 2018 disclosure near 90%, less three priced rounds since) at the $23B valuation of its September 2026 Series D. On the other side of the ledger, the tracker deducts $3.5B, the most Tesla's pledging policy lets him borrow against pledged shares. That is an assumption: Tesla says pledging does not indicate actual borrowing, and his actual loans are not disclosed.
Two enormous awards appear in the breakdown above but are excluded from the headline number: the 2025 Tesla performance award (423.7 million restricted shares) and the SpaceX CEO and AI awards (1.3 billion restricted shares). They are granted, not earned. The Tesla tranches cannot vest before March 2033 under the award terms, and the SpaceX tranches are gated behind milestone ladders, up to a $7.5 trillion market cap and a one-million-person Mars colony, that are at best years away.
Elon Musk's net worth today is estimated at more than $1 trillion, and the estimate moves with Tesla (TSLA) and SpaceX (SPCX) prices. The live counter at the top of this page shows the current estimate to the nearest $0.1 billion, rebuilt from his SEC filings and repriced against the market about every 20 seconds while trading is open. It is an estimate, not an exact figure: the private stakes in it are modeled.
We add up his ownership stakes at live or last-reported prices: his Tesla shares (including the 2018 award he has now exercised into stock), his SpaceX stake (which now includes xAI and X), and his private holdings in Neuralink and The Boring Company, then subtract an assumed $3.5 billion of borrowing, the ceiling of Tesla's share-pledging policy (his actual loans are not disclosed). Share counts come straight from his SEC filings, while TSLA and SPCX reprice live. Sections 5 and 6 break down every line.
SpaceX. Since its June 2026 Nasdaq listing as SPCX, his roughly 35% stake (which now holds xAI and X inside it) is the single largest piece of his fortune, well ahead of his Tesla shares. Neuralink and The Boring Company are small by comparison. The breakdown chart above shows the split.
Yes, by both Forbes' and Bloomberg's estimates he ranks as the world's richest person by a wide margin, a lead that widened sharply when SpaceX went public in June 2026. The cross-check rail in the console above shows their latest figures next to this tracker's.
Yes. He crossed $1 trillion on paper on June 12, 2026, the day SpaceX (SPCX) listed on Nasdaq, becoming the first person in recorded history to hit that mark. Whether he stays above it on any given day depends mostly on the SPCX and TSLA share prices, which is exactly what the live counter above shows.
He already did, on June 12, 2026, when SpaceX listed and pushed him past $1 trillion on paper. The open question now is whether he climbs toward $2 trillion, which would take a large, sustained rise in the SPCX and TSLA share prices, or one of his giant unearned award packages actually vesting, none of which is guaranteed.
While the live feed is connected, the public-market math reprices every 20 seconds whenever markets are trading, including pre-market and after-hours sessions. If the feed is ever unreachable, the page holds its most recent synced figures and reconnects on its own. New filings trigger a review; share counts change only after that review; an automated watcher polls his EDGAR feed every six hours and flags new filings.
413,152,109 shares directly through his trust, about 11% of Tesla's outstanding stock, plus the roughly 286 million shares from the 2018 award he exercised in June 2026 (originally 303,960,630 options at a $23.34 strike). Together that brings his Tesla stake to close to a fifth of the company.
About 35.1% of the roughly 13.6 billion shares outstanding after the August 2026 Cursor merger (4.77 billion common-equivalent shares counting his preferred conversion, or about 36.7% counting his 350 million vested options), and 84.4% of the voting power at the IPO through super-voting Class B stock, per the IPO prospectus, his Form 3 and SpaceX's filings. The count includes about 135.7 million shares held in trusts he serves as trustee for. His shares are locked up until June 12, 2027.
They mark assets differently. Before the SpaceX IPO they disagreed by well over a hundred billion dollars because each applied its own discount to private SpaceX shares. Now that SPCX trades publicly the two have converged, and the remaining gaps come from small modeling choices like the tax treatment of options and liability estimates. The cross-check rail in the console above shows both of their latest figures next to ours, with a status lamp that flags any real divergence.
No, and this is the honest caveat on every billionaire ranking. The number is the market value of his ownership stakes, not cash. Selling any meaningful slice of TSLA or SPCX would move the price against him, his SpaceX shares are locked up until June 12, 2027, Tesla's policy lets him pledge up to about 207 million of his Tesla shares as collateral, and the giant restricted awards cannot be sold at all.
Almost all of Elon Musk's net worth rides on two tickers: Tesla (TSLA) and SpaceX (SPCX). If you came to watch the number and want to understand the companies moving it, these go deeper:
Pure Power Picks is options-trading education built around names like Tesla and SpaceX. Grab the free Options Trader's Playbook to learn how traders read setups on the stocks driving Elon's wealth, no experience required. Education only, nothing here is financial advice.
Get the Free Playbook Want to go deeper on the SpaceX IPO? Read our educational breakdown of how traders approached it (for learning, not advice).Built by Pure Power Picks · Premium Options Trading Education
Estimates based on public SEC filings, live market data and reported private-market valuations. Figures are informational estimates, not statements of fact about any person's finances, and nothing on this page is financial advice. This page is not affiliated with or endorsed by Elon Musk, Tesla, SpaceX or any related company.