Elon Musk on Monday became the first person ever worth $600 billion, Forbes said, on the heels of reports that his SpaceX startup was likely to go public at a valuation of $800 billion.

Elon Musk has officially become the world's first person to reach a net worth of $600 billion, Forbes reported Monday, fueled by plans for his SpaceX startup to go public with an $800 billion valuation.

The per-share price of US$421 in its latest secondary offering, laid out by chief financial officer Bret Johnsen in the memo to shareholders, is nearly double the US$212 a share set in July at a US$400 billion valuation.

Elon Musk, already the world’s richest man, could soon be much richer. Bloomberg reports he’s planning one of the largest initial public offerings in history for SpaceX.

Dan Ives says the timing of a SpaceX IPO in 2026 is right. The analyst doesn't think a SpaceX IPO hurts Tesla, but rather expands the Elon Musk ecosystem.

SpaceX will reportedly begin hearing pitches from investment banks as it weighs a historic IPO that would propel Elon Musk toward becoming the world’s first trillionaire.

Investors eyeing SpaceX's potential blockbuster IPO may need to brace themselves as CEO Elon Musk balances his risky quest to reach Mars with growing the revenue-rich Starlink satellite broadband business that would offer more reliable shareholder returns.