Elon Musk has become the first billionaire in history to reach 600 billion in wealth thanks to his rocket company SpaceX, according to Forbes.

The owner of social platform “X” saw his SpaceX company valued at $800 billion during a tender bid last month.

Musk is estimated to own 42% of SpaceX, with last month’s bid boosting his fortune by $168 billion to $677 billion.

Racing past the $600 billion net worth mark is just the latest in a series of milestones Musk has achieved over the past half decade. Musk’s fortune stood at $24.6 billion in March 2020; soaring Tesla shares made him the fifth person ever worth $100 billion by August of that year.

He then became the world’s richest person for the first time in January 2021, with a nearly $190 billion net worth. In September 2021 he became the third person ever worth $200 billion (Amazon’s Jeff Bezos and Frenchman Bernard Arnault of luxury goods conglomerate LVMH beat him to that target). Musk went on to hit $300 billion in November 2021, $400 billion in December 2024 and $500 billion in October.

source forbes.com