Elon Musk is approaching an unprecedented net worth of $800 billion after his artificial intelligence company, XAI Holdings, raised $20 billion from private investors earlier this month at a $250 billion valuation. The funding round marks a dramatic increase from the $113 billion valuation Musk reported when XAI merged with his social media company, X, formerly known as Twitter, in March 2025.
Forbes estimates that Musk’s 49 percent stake in XAI Holdings rose by $62 billion in value, bringing it to $122 billion. With this increase, Musk now holds a record $780 billion net worth, according to Forbes’ real-time billionaires list, cementing his position as the world’s richest individual by a wide margin.
Other investors in XAI also saw significant gains. Saudi Arabia’s Prince Alwaleed bin Talal, an early Twitter investor, now holds an estimated 1.6 percent stake in XAI Holdings worth $4 billion, boosting his net worth to $19.4 billion. Twitter co-founder Jack Dorsey and Oracle co-founder Larry Ellison each own roughly 0.8 percent of XAI, valued at $2.1 billion, increasing their fortunes to $6 billion and $241 billion, respectively.
The funding round comes amid intense competition in the artificial intelligence sector, with XAI reportedly burning $7.8 billion in cash during the first nine months of 2024, according to Bloomberg. The company has also faced scrutiny over its Gro chatbot, which has generated controversial images, including a recent lawsuit filed by Ashley St. Clair, the mother of one of Musk’s children.
Musk’s net worth milestones over the past year have been historic. In October 2024, he became the first person worth $500 billion after Tesla’s stock nearly doubled, following his announcement that he would step back from his government advisory role to focus on the electric vehicle company. By December, Musk reached $600 billion after private investors valued SpaceX at $800 billion, doubling its valuation in just a few months. Four days later, he became the first person worth $700 billion after the Delaware Supreme Court reinstated a Tesla stock option award worth $126 billion.
Tesla remains Musk’s second-most valuable asset, after his 42 percent stake in SpaceX, currently valued at $336 billion. He also owns 12 percent of Tesla’s common stock, totaling $37 billion, and holds a record-breaking pay package that could award up to $1 trillion in additional stock if the company achieves ambitious market capitalization targets over the next decade.
Musk now surpasses Google co-founder Larry Page by $510 billion, making him far and away the wealthiest person in the world. Only Larry Ellison has ever reached the $400 billion milestone, though his fortune fell by $159 billion soon after, dropping him from second to fifth place on Forbes’ real-time billionaire list.
Musk’s XAI Holdings stake alone is now worth more than the total estimated fortune of Michael Bloomberg, the world’s 16th richest person, which Forbes values at $109 billion.
As Musk continues to expand his ventures across artificial intelligence, electric vehicles, and space, his wealth trajectory remains a closely watched benchmark for both the tech industry and global markets. Analysts note that while his net worth is heavily tied to private holdings and volatile stock valuations, Musk’s record-breaking milestones underscore his influence on emerging technologies and the global economy
