Elon Musk net worth stood at $922.9 billion on October 25, 2026, on Forbes’ real-time ranking, after SpaceX shares rose and Tesla shares fell in Friday trading. The estimate ranked Musk first globally and was $13.1 billion above Thursday’s reading.

Key Takeaways

  • SpaceX closed at $147.49 on October 23, up 1.89%, while Tesla fell 0.63% to $372.22.
  • Forbes counts about 38% of SpaceX, including options, and nearly 11% of Tesla in its estimate.

Elon Musk net worth reflects Friday trading

The Sunday estimate reflects the October 23 stock closes. SpaceX gained $2.74 from its previous close of $144.75, while Tesla lost $2.36 from $374.58.

Forbes’ estimate was up from $909.8 billion on Thursday, October 22, but remained below $1 trillion. The two share prices moved in opposite directions on Friday.

What Forbes includes in the estimate

Forbes counts Musk’s SpaceX stake at about 38%, including options. Its Tesla estimate excludes unvested restricted stock from his 2018 chief executive award, which could add about 8% of Tesla on vesting before taxes.

Tesla and SpaceX have formed special committees of independent directors to consider a potential combination. Musk has said a deal would require a vote representing 50% of all shares outstanding; no terms, exchange ratio or timetable have been set.

Next milestone

The next scheduled event on the market calendar is the Federal Reserve’s policy decision on October 28.

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