Elon Musk now worth almost $700 billion.

Dec 15 (Reuters) – Elon Musk on Monday became the first person ever worth $600 billion, Forbes said, ​on the heels of reports that his SpaceX (SPAX.PVT) ‌startup was likely to go public at a valuation of $800 billion.

Musk, who ‌was the first to surpass $500 billion in net worth in October, owns an estimated 42% stake in SpaceX, which is preparing to go public next year, Reuters reported ⁠last week.

The SpaceX valuation ‌would strengthen Musk’s wealth by $168 billion to an estimated $677 billion as of 12 p.m. ‍ET on Monday, according to Forbes.

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