Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Elon Musk Closes In On $800 Billion Net Worth After XAI’s Latest Funding Round
Forbes ^ | 01/17/2026 | Matt Durot

Posted on 01/18/2026 5:40:47 AM PST by SmokingJoe

Elon Musk is on the verge of becoming the first person ever worth $800 billion. Musk’s xAI Holdings raised $20 billion from private investors at a $250 billion valuation earlier this month, Forbes just confirmed.

That’s up from the $113 billion valuation Musk claimed when he merged his artificial intelligence startup xAI with his social media company X (formerly Twitter) last March. Forbes estimates that the deal boosted the value of Musk’s 49% stake in xAI Holdings by $62 billion to $122 billion. The world’s richest person by far, Musk is now worth a record $780 billion, according to Forbes’ Real-Time Billionaires List.

(Excerpt) Read more at forbes.com ...


TOPICS: News/Current Events
KEYWORDS: jealouslittletroll; moneyhoarder; moneyignoranttroll; musk
Message from Jim Robinson:

Dear FRiends,

We need your continuing support to keep FR funded. Your donations are our sole source of funding. No sugar daddies, no advertisers, no paid memberships, no commercial sales, no gimmicks, no tax subsidies. No spam, no pop-ups, no ad trackers.

If you enjoy using FR and agree it's a worthwhile endeavor, please consider making a contribution today:

Click here: to donate by Credit Card

Or here: to donate by PayPal

Or by mail to: Free Republic, LLC - PO Box 9771 - Fresno, CA 93794

Thank you very much and God bless you,

Jim


Navigation: use the links below to view more comments.
first 1-2021-33 next last

1 posted on 01/18/2026 5:40:47 AM PST by SmokingJoe
[ Post Reply | Private Reply | View Replies]

To: SmokingJoe

And with SpaceX going public this year, he is going to shoot over $1T.

The envy crowd is going to lose their small minds.


2 posted on 01/18/2026 5:42:43 AM PST by Vermont Lt
[ Post Reply | Private Reply | To 1 | View Replies]

To: SmokingJoe

HOORAY Elon!


3 posted on 01/18/2026 5:45:06 AM PST by PGalt (Past Peak Civilization?)
[ Post Reply | Private Reply | To 1 | View Replies]

To: SmokingJoe

Not that he asked me, but I suggest that Musk use a fraction of that money to counter the political spending by the odious Soros family.

And since Musk knows what George Soros is all about, I suspect that just might happen (if it’s not already happening).


4 posted on 01/18/2026 5:50:58 AM PST by Leaning Right (It's morning in America. Again.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: SmokingJoe
Musk was "only" worth $10 billion in 2015. His business empire expanded quickly after that.

5 posted on 01/18/2026 5:52:23 AM PST by Right_Wing_Madman
[ Post Reply | Private Reply | To 1 | View Replies]

To: Vermont Lt

Easily he will surpass 1T probably closing in on 1.5T, I read recently the most recent valuation of SpaceX is 1.2T and Musk owns a reported 40-45% stake in the company.


6 posted on 01/18/2026 5:59:31 AM PST by srmanuel
[ Post Reply | Private Reply | To 2 | View Replies]

To: SmokingJoe

Jasmine Crockett called Musk an idiot

https://www.msn.com/en-us/tv/news/congresswoman-jasmine-crockett-calls-elon-musk-an-idiot-on-jimmy-kimmel/ar-AA1DtdBc?ocid=mmx


7 posted on 01/18/2026 6:11:59 AM PST by DFG
[ Post Reply | Private Reply | To 1 | View Replies]

To: Leaning Right

Lean harder, if you think Soros is pending his own money. ;-)

The question is how much he MAKES (read STEALS) from his different political activities.

I’ve met too many rich people. Usually, they’re the cheapest bastards in the room.


8 posted on 01/18/2026 6:15:11 AM PST by Empire_of_Liberty
[ Post Reply | Private Reply | To 4 | View Replies]

To: Leaning Right

That is certainly one of the best things I have heard suggested on FR.


9 posted on 01/18/2026 6:26:05 AM PST by oldtech
[ Post Reply | Private Reply | To 4 | View Replies]

To: Leaning Right

“I suggest that Musk use a fraction of that money to counter the political spending by the odious Soros family.”

I believe he is, to some extent. And the truth is that we have NO IDEA how he’s doing that behind the scenes.


10 posted on 01/18/2026 6:32:20 AM PST by MayflowerMadam ( "Trouble knocked at the door, but, hearing laughter, hurried away". - B. Franklin)
[ Post Reply | Private Reply | To 4 | View Replies]

To: AdmSmith; AnonymousConservative; Arthur Wildfire! March; Berosus; Bockscar; BraveMan; cardinal4; ...
Starlink is spreading fast across global airlines -- Lufthansa is rolling it out across its fleet, while Ryanair says the terminal's weight and drag aren't worth the fuel penalty. Meanwhile, NASA's Artemis II SLS rocket is set to roll out to the pad tomorrow (Jan 17) ahead of a wet dress rehearsal and the opening of the next launch window. Plus: Blue Origin cranks up the noise for a major Blue Moon Mk1 acoustic test, Firefly unveils a Block II upgrade for Alpha, and Relativity shares new Terran R progress...
Blue Moon gets BLASTED at 138 dB | This Week In Spaceflight | 24:36
NASASpaceflight | 1.42M subscribers | 37,481 views | Premiered January 16, 2026
Blue Moon gets BLASTED at 138 dB | This Week In Spaceflight | 24:36 | NASASpaceflight | 1.42M subscribers | 37,481 views | Premiered January 16, 2026

11 posted on 01/18/2026 6:37:03 AM PST by SunkenCiv (NeverTrumpin' -- it's not just for DNC shills anymore -- oh, wait, yeah it is.)
[ Post Reply | Private Reply | View Replies]

To: srmanuel

I can’t understand what people are so jealous of the guy. If he can figure out a way to make a trillion dollars—good for him. I think what a lot of people miss is that when he makes a trillion, a few thousand of his “workers” make millions. Thousands of his investors make millions.

And all of those people are paying taxes.

The current velocity of money is about 1.4X. So those millions go ‘round and ‘round through the system, making more people rich.

The small minded morons don’t understand how this stuff works.


12 posted on 01/18/2026 6:52:12 AM PST by Vermont Lt
[ Post Reply | Private Reply | To 6 | View Replies]

To: Vermont Lt

Maybe in the future he will but right now he doesn’t really own that many luxuries except for a private jet, which he obviously uses extensively.

He doesn’t own a super yacht, multiple palatial estates, fleets of luxury cars, etc., he does have a bunch of children with a number of different women that he is paying for and by all reports, he works continually.


13 posted on 01/18/2026 6:58:27 AM PST by srmanuel
[ Post Reply | Private Reply | To 12 | View Replies]

To: SmokingJoe

That’ll buy a lot of baby mama’s. Just like the kings in biblical times.


14 posted on 01/18/2026 6:58:52 AM PST by Old Yeller
[ Post Reply | Private Reply | To 1 | View Replies]

To: Vermont Lt

The small minded morons don’t understand how this stuff works.

*****************

They’ll never understand.

Envy and conspiracy theories are more to their liking.


15 posted on 01/18/2026 7:03:56 AM PST by unclebankster (Globalism is the last refuge of a scoundrel. )
[ Post Reply | Private Reply | To 12 | View Replies]

To: SmokingJoe

To have ownership of $800 BILLION Dollars is so (stratospherically) far from my comprehension, it’s not even funny. If I had ‘only’ one billion to spend, first thing I’d do is to buy property, invest in gold futures, build hospitals and re-hab clinics in rural areas. Research foods and nutrients from the oceans. Foundations that would help support families of minor children.

**I never did see that broadway play ‘If I was a Rich Man’.
It was quite popular for several years in New York.


16 posted on 01/18/2026 7:04:07 AM PST by lee martell
[ Post Reply | Private Reply | To 1 | View Replies]

To: Vermont Lt

When is SpaceX going public?


17 posted on 01/18/2026 7:28:10 AM PST by july4thfreedomfoundation (Charlie Kirk's assassination / murder was our Fort Sumter moment. But only one side is fighting.)
[ Post Reply | Private Reply | To 2 | View Replies]

To: SmokingJoe

Most of his wealth is on paper.


18 posted on 01/18/2026 7:29:20 AM PST by july4thfreedomfoundation (Charlie Kirk's assassination / murder was our Fort Sumter moment. But only one side is fighting.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: lee martell
To have ownership of $800 BILLION Dollars is so (stratospherically) far from my comprehension,...

Yep, I agree...although imagine Elon's confusion of which foam dice to buy to hang on his car's rear view mirror.

19 posted on 01/18/2026 7:31:30 AM PST by newfreep ("There is no race problem...just a problem race")
[ Post Reply | Private Reply | To 16 | View Replies]

To: SmokingJoe

good thing his businesses are no longer incorporated in delaware ...


20 posted on 01/18/2026 7:37:55 AM PST by catnipman ((A Vote For The Lesser Of Two Evils Still Counts As A Vote For Evil))
[ Post Reply | Private Reply | To 1 | View Replies]


Navigation: use the links below to view more comments.
first 1-2021-33 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson