Elon Musk Is Now Worth More Than an Average Country’s GDP
Elon Musk’s net worth topped $800 billion, equating to roughly 2.7% of U.S. GDP — a concentration of private wealth not seen since Rockefeller in 1913. The article highlights that Tesla (the largest public exposure), privately held SpaceX (valued near $400 billion in secondary markets), and corporate/treasury Bitcoin holdings underpin his paper fortune. Musk’s $10 trillion quip reignited debate: supporters cite autonomous taxis, humanoid robots, Starship logistics and xAI as potential multi‑fold growth drivers, while critics warn that aggressive growth assumptions, regulatory scrutiny of SpaceX launches and antitrust oversight of X’s payments push could rapidly compress his wealth. Market implications include continued sensitivity of Musk’s net worth to Tesla equity moves, crypto exposure (notably Bitcoin and Dogecoin) and increased regulatory risk that could affect valuations across his ecosystem.