SpaceX xAI Merger: Wealth worth $850 billion, but chiller in pocket. Elon Musk himself revealed the secret of his real cash holdings.

News India Live, Digital Desk: When we think of the richest person in the world, we think that he would have billions of dollars in cash deposited in his bank account. But Elon Musk recently broke this confusion through a post on social media platform X. He told that his wealth worth billions is only ‘on paper’ and in reality he has very little liquid cash. Musk’s shocking revelation (The Big Reveal) While analyzing his wealth, Musk said that less than 0.1% of his total net worth is in the form of cash. How much is cash? According to the report, Musk, who has a net worth of $850 billion, actually has less than $850 million (about Rs 7,000 crore) in cash. Where is the rest of the money? Musk clarified that his entire wealth is stuck in the shares of his companies—Tesla, SpaceX, xAI and After this, the value of the new company has been estimated at approximately $1.25 trillion (Rs 104 lakh crore). Musk’s stake: Musk has 43% stake in this new company, which alone is worth more than $540 billion. Cash shortage and Musk’s lifestyle Despite such a huge net worth, Musk often calls himself ‘cash poor’. There are some interesting facts behind this: Ordinary house: Musk lives in a small foldable house worth about $50,000 (about Rs 42 lakh) in the Boca Chica area of ​​Texas, which he has rented from his own company SpaceX. No salary: Musk does not take any fixed salary or bonus in cash from his companies. They only get ‘stock options’. Expenses by taking loans: For his personal needs and new projects, Musk often takes loans from banks by pledging his shares. Will Musk become the world’s first ‘trillionaire’? According to experts and prediction markets (like Kalshi), there is a 75% chance of Elon Musk crossing the $1,000 billion ($1 trillion) mark by the end of this year. If the potential IPO of ‘SpaceX-xAI’ in June 2026 is successful, his net worth could go up to $1.5 trillion.