Elon Musk’s net worth witnessed a substantial surge of roughly $320 billion between July 2025 and July 2026, according to a new analysis. This translates to an average daily increase of approximately $87.5 million for the world’s richest person over that 12-month period.

The figures were compiled by financial research firm Best Brokers, which compared data points from Forbes’ real-time billionaire list at different times over the year.

The report attributes this remarkable growth in Musk’s wealth primarily to the initial public offering (IPO) of SpaceX on June 12. The subsequent rise in the company’s share price briefly pushed Musk’s total fortune past the $1 trillion mark, making him the world’s first trillionaire.

However, a notable decline in SpaceX shares in the weeks that followed led to a significant drop in Musk’s wealth as well.

By early August 2026, various financial trackers estimated Musk’s total net worth to be between approximately $675 billion and $780 billion. Specifically, the Bloomberg Billionaires Index put his wealth at around $777 billion, while Forbes estimated it at roughly $744 billion.

Despite this fluctuation, Elon Musk remains the wealthiest person globally, holding a considerable lead over the second-richest individuals.

Disclaimer: This post is for informational purposes only and is based on publicly available reports. The image is AI generated and is just for reference.
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