Elon Musk Is Now Worth More Than Jeff Bezos, Sergey Brin And Larry Ellison Combined After SPCX Rally
Elon Musk’s reported net worth surged to $1.3 trillion after a rally in SpaceX, pushing his wealth above the combined fortunes of Jeff Bezos, Sergey Brin, and Larry Ellison. The article frames the move as a major wealth milestone rather than a market-wide event, but it underscores strong investor enthusiasm around SpaceX and the broader wealth effect for Musk-related assets. SpaceX’s market capitalization reportedly rose above Microsoft’s and is now valued above numerous public aerospace and defense firms. Tesla, Alphabet, Amazon, and Oracle are cited in comparisons of billionaire wealth and stock-linked fortunes. The piece also notes political backlash, with U.S. and state lawmakers criticizing the concentration of wealth and renewing calls for a wealth tax.