Elon Musk Becomes the World’s Richest Person After SpaceX–xAI Merger

Elon Musk has officially become the richest person in history, with his net worth crossing $800 billion, following the merger of his aerospace company SpaceX and artificial intelligence firm xAI. The landmark deal has created a new tech powerhouse combining AI, space, satellite internet, and media.

Elon Musk Tops Global Rich List After Major Merger

American business magnate Elon Musk has merged his rocket manufacturing company SpaceX with his artificial intelligence venture xAI, effectively bringing both firms under a single corporate structure. According to Musk, this integration will allow AI, rockets, satellite internet, and media to work together, accelerating innovation across future technologies.

This major restructuring has pushed Musk’s total wealth beyond $800 billion (approximately ₹67 lakh crore), making him the richest individual in history by a wide margin.

Surpasses Google Co-Founder Larry Page

As per reports, Elon Musk’s total net worth has reached $852 billion (around ₹71.5 lakh crore). By comparison, the world’s second-richest person, Google co-founder Larry Page, holds a fortune of about $281 billion.

This means Musk is ahead by an extraordinary $578 billion, placing him far beyond any other billionaire globally.

Wealth Jumps by ₹7.05 Lakh Crore After Merger

Following the merger, the newly formed company has been valued at $1.25 trillion. This single deal added $84 billion (around ₹7.05 lakh crore) to Musk’s personal wealth.

Before the merger:

• Musk owned 42% of SpaceX

• Musk held 49% stake in xAI

After consolidation, his combined ownership stands at 43%, which alone is valued at $542 billion. With this, SpaceX has become Musk’s most valuable company.

xAI’s Rise and Recent Controversies

xAI initially began operations within Musk’s social media platform X (formerly Twitter). By 2025, the AI firm had grown so rapidly that its valuation surpassed that of X itself.

xAI’s most prominent product, Grok, an AI chatbot, recently faced controversy after being linked to the creation of inappropriate images.

What Is the Issue?

Regulatory agencies in Europe and the United Kingdom raised concerns over the misuse of Grok for generating objectionable content. Due to mounting pressure, the company introduced strict rules in January governing image creation and editing through the chatbot.

Rise of a New ‘Super Company’

Industry experts believe Musk is positioning himself at the forefront of both AI and space technology, the two most transformative sectors of the future.

Recently, Musk’s electric vehicle company Tesla decided to invest $2 billion (approximately ₹16,000 crore) into xAI. The long-term plan is for xAI’s intelligence systems to power autonomous robots operating inside Tesla factories.

Musk is effectively building a “super company” aimed at ambitious goals such as:

• Generating electricity in space

• Operating space-based data centres

Tesla’s Role in Musk’s Wealth and Pay Package

A significant portion of Musk’s wealth still comes from Tesla:

• Musk owns 12% stake in Tesla, valued at $178 billion

• He also holds $124 billion worth of stock options

Looking ahead, Musk could earn up to $1 trillion more in stock bonuses over the next decade if Tesla achieves its long-term performance targets.

New Wealth Records Broken

Over the past four months, Musk’s net worth has surged rapidly, crossing the $500 billion, $600 billion, and $700 billion milestones in quick succession.

Two main factors drove this growth:

1. Rising valuation of SpaceX

2. A US court ruling that restored Musk’s multi-billion-dollar Tesla stock compensation

Elon Musk’s Future Vision

Musk insists his goal is not just wealth creation, but advancing technology to new frontiers.

From 2026 onwards, SpaceX’s Starship rocket will begin launching V3 Starlink satellites, which are expected to deliver internet speeds 20 times faster than existing systems.

Musk believes Starship will eventually transport 200 tonnes of cargo per hour into space. Future satellites will also connect directly to mobile phones, enabling full network coverage anywhere on Earth.

Space to Power AI Data Centres

Musk argues that meeting the massive electricity demands of AI on Earth will soon become impractical. His proposed solution is to shift AI data centres into space.

His immediate focus is on launching AI-powered satellites, paving the way for orbital data centres. Musk believes this technology will later support:

• Human bases on the Moon

• Permanent human settlements on Mars