Musk Responds To Wealth Creation Debate Responding to a post on X about Musk creating wealth for others, the tech mogul said he has already created it "thousands of times over. " "My ‘net worth' is almost entirely due to my ownership stakes in Tesla and SpaceX. He added that employees at both companies receive stock and options and noted that Tesla is ">80% owned by retail investors and index/pension funds. " On Forbes real-time billionaires list, Musk tops the rankings with a net worth of $849. 3 billion, followed by Larry Page at $251 billion, Sergey Brin at $231. Trillionaire Talk Gains Momentum Musk's comments come as prediction market Kalshi shows rising odds of him reaching a $1 trillion net worth before 2027, with traders assigning a probability of about 78%. Speculation intensified after SpaceX merged with Musk's artificial intelligence firm xAI , valuing the combined entity at approximately $1. Musk is estimated to own about 43% of the new entity, a stake worth more than $530 ...
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