Elon Musk's net worth soars past $1.1 trillion, surpassing the GDP of 80% of countries worldwide

After SpaceX went public, Elon Musk's net worth soared to $1.1 trillion, surpassing the GDP of 80% of countries worldwide, equivalent to 21.8% of Germany's GDP and 27.5% of Japan's GDP.
(Background: Before the opening, SpaceX's average offering price was $174, with a market cap of $1.765 trillion)
(Additional context: SpaceX officially opened for trading! The price hit $150, breaking a $1.9 trillion market cap, making Musk the first "trillionaire" in history)

Table of Contents

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• Wealth comparison: Where does $1.1 trillion stand in the global GDP rankings?
• The wealth engine behind SpaceX's IPO
• What does this mean for Taiwan?

On June 15, with SpaceX officially listed on NASDAQ, Tesla CEO Elon Musk's personal wealth skyrocketed to $1.1 trillion, surpassing the total GDP of 80% of countries worldwide.

According to NPR's report on June 11, SpaceX's IPO set a record for fundraising scale. After opening, the stock price continued to rise, and Musk's large holdings increased in value, pushing his net worth from about $90 billion at the opening to $1.1 trillion.

Wealth comparison: Where does $1.1 trillion stand in the global GDP rankings?

Comparing Musk's $1.1 trillion net worth to the GDP data of major economies:

• United States (the world's largest economy): equivalent to 3.6% of GDP
• China (the world's second-largest economy): equivalent to 5.6% of GDP
• Germany: equivalent to 21.8% of GDP
• Japan: equivalent to 27.5% of GDP
• United Kingdom: equivalent to 28.1% of GDP
• France: equivalent to 32.6% of GDP

In other words, Musk's wealth has approached one-third of France's GDP. If considered as an independent country, his net worth would rank among the top 15 globally.

The wealth engine behind SpaceX's IPO

SpaceX's listing was no coincidence. In May 2026, Musk revealed the IPO timetable during an NPR interview. SpaceX raised funds with an estimated valuation of about $100 billion, with an opening price of $150, and a market cap surpassing $1.9 trillion.

After going public, Musk holds stakes in multiple companies: Tesla, SpaceX, X (formerly Twitter), the Grok large model from xAI, and recent investments expanding in AI. The combined effect of these assets has accelerated his wealth growth far beyond traditional billionaires.

What does this mean for Taiwan?

With Taiwan's GDP estimated at about $1.8 trillion in 2025, Musk's net worth has reached 61% of Taiwan's GDP. Using Taiwan's economic scale as a benchmark, the wealth of a single tech entrepreneur already accounts for over 60% of the nation's output. This also reflects a global trend of wealth concentration in AI and aerospace industries—Taiwan, as a supply chain hub (chips, satellite components), is benefiting from this wave.

After SpaceX's IPO, Musk stated that his goal is for SpaceX to achieve annual revenue of $1 trillion by 2030, rivaling the world's largest companies. If this goal is realized, his net worth could reach new heights.