A secondary offering of SpaceX stock, offering liquidity to insiders, valued the rocket company at $800 billion, according to Bloomberg.

Elon Musk is the first person to ever be worth $600 billion. He's worth nearly $400 billion more than the second richest person.

Elon Musk’s wealth has reached a new high, topping $600 billion for the first time on the back of a new valuation for SpaceX.

The world’s richest man rockets towards becoming the world’s first trillionaire. He is now $425 billion richer than Google co-founder Larry Page, the world’s second-richest person, valued at $252 bill

Earlier this month, Musk’s rocket maker SpaceX launched a tender offer valuing the firm at $800 billion, up from $400 billion in August

Space company SpaceX could be nearing a record-breaking IPO in 2026. While recent reports suggest a valuation of $800 billion and an offering next year, the company could be worth significantly more than that soon.

“Elon Musk is now personally worth 7,400,000 BTC,” Burnett wrote, adding, “The fastest way for Elon to hit $1 trillion would be to begin buying BTC in size. And he can continue using that capital as collateral to build space and AI companies, while the collateral continues to appreciate measured in USD.”