Elon Musk is the world’s first trillionaire. The SpaceX initial public offering (IPO) on June 12, 2026, pushed his net worth past $1 trillion for the first time in history, according to Forbes and Reuters estimates, placing him in a league of his own and roughly three times wealthier than the second-richest person on earth.
With a fortune of that scale, it is natural to ask: how much does Elon Musk make in a single second? Below, we break down the methodology, the numbers, and the companies behind them.
Elon Musk’s net worth
As of June 2026, Elon Musk’s net worth is estimated at approximately $1.1 trillion, according to the Forbes Real-Time Billionaires index, following the historic public listing of SpaceX (NASDAQ: SPCX). The Bloomberg Billionaires Index places the figure at approximately $1.11 trillion as of June 14, 2026. Either way, the gap between Musk and the second-richest person in the world, Google co-founder Larry Page, at approximately $300 billion, is larger than any wealth gap between first and second place in recorded history.
Musk’s net worth has grown from approximately $10.2 billion in 2016 to over $1 trillion in 2026 — an increase of more than $990 billion over a decade. His fortune is closely tied to the market performance of his companies, particularly Tesla (NASDAQ: TSLA) and SpaceX (NASDAQ: SPCX), which together account for the vast majority of his wealth.
Importantly, Musk does not draw a traditional salary from any of his companies. His wealth accumulation comes entirely from the appreciation in value of his equity stakes, not from wages or dividends.
Recommended video: True Scale of a Billion and Trillion Dollars compared
Sources of income
Musk’s fortune stems from his ownership stakes across several businesses. For a detailed look at each company, you can read our dedicated guides:
- SpaceX (NASDAQ: SPCX) — Musk’s largest single source of wealth. SpaceX went public on June 12, 2026, at a $1.77 trillion valuation. Based on the IPO prospectus, Musk’s stake in SpaceX is worth approximately $866 billion. SpaceX owns Starlink, the satellite internet constellation with over 10 million subscribers, as well as xAI and X (formerly Twitter), which SpaceX absorbed via its February 2026 merger with xAI.
- Tesla (NASDAQ: TSLA) — Musk holds approximately 13% of Tesla’s outstanding shares, representing roughly 519 million shares according to recent SEC filings. Tesla reported GAAP net income of $7.09 billion in 2024, its most recently completed fiscal year.
- The Boring Company — Musk holds a majority stake (over 90%) in the tunneling and infrastructure startup, which remains private.
- Neuralink — Musk is the majority owner of Neuralink, the brain-computer interface company, which is also private.
All companies other than Tesla and SpaceX are privately held and do not disclose their financials publicly, which means their contribution to Musk’s net worth is estimated based on private funding rounds and tender offer valuations.
The methodology
Because much of Musk’s wealth comes from private companies with undisclosed financials, the most reliable way to estimate his earnings per second is to look at the growth in his total net worth over time, rather than trying to isolate profit distributions from each company.
Musk’s net worth grew from approximately $10.2 billion in 2016 to approximately $1.01 trillion by June 2026 — an increase of roughly $1 trillion over 10 years, or approximately $100 billion per year on average.
That said, this growth has been anything but linear. His fortune swelled dramatically in 2020–2021 on the back of Tesla’s stock surge, fell sharply in 2022 when Tesla declined 65%, and then reached new highs from 2024 onward as both Tesla recovered and SpaceX’s IPO materialised.
For a year-by-year estimate of his recent wealth growth, we can use the increase from 2023 to 2026 — a period of significant, sustained appreciation. Over that roughly three-year period, his net worth grew from approximately $180 billion to over $1 trillion, an increase of around $820 billion over three years, or roughly $273 billion per year.
How much does Elon Musk make a second?
Using the three-year net worth growth figure as the basis — approximately $273 billion per year — and breaking that down:
| Timeframe | Approximate earnings |
|---|---|
| Per year | ~$273 billion |
| Per month | ~$22.75 billion |
| Per week | ~$5.25 billion |
| Per day | ~$748 million |
| Per hour | ~$31.2 million |
| Per minute | ~$520,000 |
| Per second | ~$8,676 |
Please note
Comparison to other billionaires
Even accounting for the wide gap between different wealth estimates, Musk’s fortune dwarfs the rest of the global billionaire rankings by an extraordinary margin. As of June 2026, the top four:
| Name | Estimated net worth (June 2026) |
|---|---|
| Elon Musk | ~$1.1 trillion |
| Larry Page | ~$300 billion |
| Sergey Brin | ~$270 billion |
| Jeff Bezos | ~$252 billion |
Musk’s fortune is roughly equal to the combined net worth of the next three wealthiest people in the world.
Recommended video: Trillionaire Musk Is Three Times Richer Than Closest Rival
How Musk built his wealth
Musk’s path to becoming the world’s first trillionaire ran through several key milestones:
- 2002: Sold PayPal to eBay for $1.5 billion, netting approximately $175 million personally. Founded SpaceX the same year.
- 2004: Joined Tesla as an early investor and later became CEO.
- 2012: First appeared on the Forbes Billionaires List with a net worth of $2 billion.
- 2020–2021: Tesla’s stock surged more than 700%, propelling Musk to become the world’s richest person for the first time in January 2021.
- 2022: Tesla fell 65% and Musk acquired Twitter for $44 billion, temporarily reducing his net worth sharply.
- 2025: Became the first person to reach a net worth of $500 billion (October 2025), as both Tesla and SpaceX’s private valuation surged.
- 2026: SpaceX completed its record-breaking $75 billion IPO on June 12, valuing the company at $1.77 trillion and pushing Musk past $1 trillion in net worth.
Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.
FAQs on how much Elon Musk makes a second
Who is Elon Musk?
Elon Musk is a billionaire entrepreneur and business magnate known for founding and leading several high-profile companies. He is the CEO of SpaceX and Tesla, founder of The Boring Company and xAI, co-founder of Neuralink, and owner of X (formerly Twitter). In June 2026, following the SpaceX IPO, he became the world’s first trillionaire.
What is Elon Musk's net worth?
As of June 2026, Elon Musk’s net worth is estimated at approximately $1.1 trillion according to Forbes, making him by far the wealthiest individual in recorded history. Bloomberg’s index places the figure at around $835 billion. Both agree he is the world’s richest person by a very wide margin.
Who is the No 1 richest person in the world?
Elon Musk is the richest person in the world and, as of June 2026, the world’s first trillionaire. The second-richest person is Google co-founder Larry Page, with an estimated net worth of approximately $300 billion.
