Elon Musk's net worth has surpassed $788.1 billion following a more than 4% rise in Tesla's stock price. The increase stems from Musk's statement at the World Economic Forum in Davos about expanding robotaxi services across the United States by year's end. This development reinforces Musk's position as the world's richest individual.
Elon Musk, founder of Tesla and SpaceX, achieved a new personal wealth milestone as his net worth exceeded $788.1 billion, equivalent to approximately Rp. 13,406 trillion at an exchange rate of Rp. 16,986 per US dollar. This record came after Tesla's shares climbed over 4%, pushing the stock price above $449 per share.
The surge was triggered by Musk's comments during the World Economic Forum (WEF) in Davos, Switzerland. There, he announced that Tesla's robotaxi fleet would begin widespread operations across the United States by the end of the year, following an initial launch in Austin, Texas, in June 2025. The market reacted positively to these expansion plans for autonomous ride-hailing services.
Musk's fortune now significantly outpaces that of other billionaires, including Google co-founders Larry Page at $270.4 billion (Rp. 4,594 trillion) and Sergey Brin at $249.5 billion (Rp. 4,241 trillion). Over the past year, Musk's wealth has seen rapid growth: it crossed $500 billion in October, $600 billion in December, and $700 billion in recent days. Contributing factors include SpaceX's valuation reaching $800 billion and boosts from his AI venture, xAI Holdings, which secured substantial funding.
Looking ahead, investors are focused on Tesla's fourth-quarter 2025 financial results, set for release on January 28. In that period, the company produced over 434,000 vehicles and shipped around 418,000 units, marking a 16% decline from the previous year. This downturn has seen Tesla surpassed by Chinese rival BYD as the top electric vehicle manufacturer globally.
Future gains for Musk could come from a compensation package approved in November, potentially worth up to $1 trillion if Tesla meets its production and financial targets.
