Tesla Inc. (NASDAQ:TSLA) and SpaceX CEO Elon Musk has shared that his net worth is directly tied to the total market capitalization of his enterprises.

Elon Musk Worth 1% Of Global GDP

In a post on the social media platform X on Friday, user Antonio Linares shared that the billionaire’s net worth equalled “~1% of global GDP.” The user did not provide additional details or data in the post.

Another user, @Thomas_Sergeant, predicted that Musk would be worth “3 to 5%” of the global GDP “within the next 8-10 years.” He added that Musk’s current net worth was approximately 0.68%.

The Tesla CEO Responds

Responding to the speculations, the CEO shared his take on the matter. “My "net worth" will just track SpaceX+Tesla market cap,” Musk said in his response. Implying bullish sentiments toward the growth of his enterprises, Musk then said that his net worth would equal “whatever” percentage of the global GDP SpaceX and Tesla would make up for in the future.

Elon Musk’s Net Worth

The comments follow an analysis by Forbes, which outlined that the billionaire was worth more than over 693 other billionaires in the publication’s 2026 Billionaires list. Musk is currently worth over $839 billion and ranks first in the global list of billionaires.

His net worth exceeds the likes of Amazon.com Inc. (NASDAQ:AMZN) founder Jeff Bezos, Meta Platforms Inc. (NASDAQ: META) CEO Mark Zuckerberg, Microsoft Corporation (NASDAQ:MSFT) co-founder Bill Gates and more.

It’s worth noting that Musk’s net worth is up $497 billion compared to last year, when he was worth around $342 billion. The uptick in his wealth represents an increase of 145%.

The Tesla Pay Package, SpaceX IPO

Musk’s net worth could also increase further as Tesla’s new pay package could make him the first-ever trillionaire. However, Musk receiving his wealth from the package is conditional on his achieving multiple milestones, laid out by the board, which include 1 million Robotaxis and Optimus Humanoid robots each, over 10 million active Full Self-Driving (FSD) subscriptions and 20 million vehicle deliveries.

Musk also shared that his net worth didn’t translate into him having actual money in a bank account somewhere. “It really just represents percentage ownership in companies that I built,” he said in a recent appearance at an event. He also shared that his net worth goes up as the companies’ values surge.

Elsewhere, SpaceX is gearing up for an IPO this year, as Musk confirmed a $1.75 trillion valuation for the company. SpaceX also recently acquired Musk’s artificial intelligence startup xAI, and the combined valuation of the entity sits at around $1.25 trillion.

Check out more of Benzinga’s Future Of Mobility coverage by following this link.

Photo courtesy: Mijansk786 on Shutterstock.com