Now Reading: Elon Musk added $875 million a day to fortune since 2025
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Elon Musk added $875 million a day to fortune since 2025
Elon Musk’s net worth stood at $725.1 billion in July 2026, up from $405.6 billion a year earlier, according to the Times of India. That means the world’s richest person added roughly…
The Story in Brief
Elon Musk’s net worth stood at $725.1 billion in July 2026, up from $405.6 billion a year earlier, according to the Times of India. That means the world’s richest person added roughly $875 million in wealth every day since 2025. Musk briefly became the first-ever trillionaire on June 12 after SpaceX’s initial public offering, with his fortune peaking at $1.45 trillion.
SpaceX reported quarterly revenue of $7.8 billion, above estimates, but its capital expenditure surged to $18.3 billion, with $15.8 billion going to artificial intelligence. Musk owns about 38% of SpaceX, linking its stock moves to his net worth. The company’s Starlink service nearly doubled its second-quarter turnover.
The Indian Opinion
The talk of Musk’s daily $875 million gain feeds a narrative of unstoppable wealth, but the numbers tell a more complicated story. His net worth dropped below $700 billion before bouncing back, and SpaceX’s AI spending of $15.8 billion in one quarter is a gamble, not a sure thing. The real test is whether Starlink’s revenue growth can justify the massive capex, or whether the trillionaire moment was a flash in the pan.
Sources (2): ndtv.com, timesofindia.indiatimes.com
This story was synthesised by AI from the 2 sources linked above.
Updated: this story now draws on 2 sources.
