Elon Musk Net Worth Reaches $809.9 Billion as of March 28
Elon Musk's net worth stood at $809.9 billion on March 28 after hitting $825.1 billion earlier this week, according to Forbes real-time tracking.
The figure reflects a decline of $15.2 billion or 1.84% from the close of the prior trading day and keeps the Tesla and SpaceX chief at the top of the publication's daily billionaires ranking.
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Forbes attributes the bulk of Musk's wealth to his stakes in two companies.
He holds roughly 12% of Tesla along with options that could bring his effective ownership higher.
His position in SpaceX now stands at an estimated 43% following the company's acquisition of xAI in February 2026.
That deal valued the combined entity at $1.25 trillion.
Earlier moves included the 2025 merger of xAI with the platform formerly known as Twitter, which carried a net debt-adjusted valuation of $113 billion.
Smaller holdings in The Boring Company and Neuralink which together raised about $2 billion from private investors round out the portfolio.
The milestone comes after a series of rapid increases tracked by Forbes.
Elon Musk first crossed the $800 billion threshold in February 2026 shortly after the SpaceX-xAI transaction.
Earlier benchmarks included $700 billion late in December 2025 $600 billion in mid-December and $500 billion in October 2025.
A Tesla compensation package approved by shareholders in November 2025 that could pay out over a decade if performance targets are met has also been factored into the gains.
Bloomberg Billionaires Index places a lower estimate on Musk's fortune at roughly $644 billion as of late March, reflecting more conservative valuations for his private holdings.
The gap between the two trackers has persisted for months with Forbes assigning higher figures to SpaceX and related assets.
Musk has addressed the composition of his wealth directly. In a February post he wrote:
"My ‘net worth' is almost entirely due to my ownership stakes in Tesla and SpaceX. I have <0.1% that is cash."
Tesla stock movements continue to drive day-to-day swings in the public portion of his holdings while periodic tender offers and funding rounds set the marks for SpaceX.
SpaceX has signaled plans for an initial public offering (IPO) sometime in 2026, which analysts say could push the valuation toward $1.5 trillion and lift Musk's net worth even further if completed at those levels.
As of March 28, Musk remains the world's richest person by a wide margin and is poised to become the world's first trillionaire very soon.
His fortune exceeds the combined wealth of the next several richest individuals on the Forbes list, including the Google co-founders and Meta's chief executive.
