New York, 16 December (H.S.): Elon Musk etched his name into fiscal immortality on Monday, surging past the $600 billion net worth threshold for the first time, propelled by SpaceX's insider tender offer valuing the aerospace titan at $800 billion ahead of a prospective 2026 IPO that could balloon his 42% stake by $168 billion to $677 billion.

This epochal leap—from the $500 billion pioneer in October—derives principally from private ventures outpacing Tesla, where Musk's 12-13% holding gained amid a 13% yearly stock ascent despite sales softness, catalysed by Monday's 4% spike post-robotaxi safety-monitor-free trials and November's unprecedented $1 trillion shareholder-ratified pay package affirming his AI-robotics metamorphosis.

xAI compounds the ascent, negotiating $15 billion equity influx at $230 billion valuation, underscoring Musk's pivot from EVs to orbital ambitions encompassing Starship cadences, lunar outposts, and celestial data farms.

Forbes' midday ET calculus crowns Musk unrivalled, eclipsing prior pinnacles as SpaceX—now the paramount private entity—heralds IPOs potentially eclipsing $1.5 trillion, though volatility looms in execution and markets; Tesla, SpaceX, and xAI demurred comment requests.

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Hindusthan Samachar / Jun Sarkar