Elon Musk sets a new record by hitting a net worth of $400 billion. The huge jump in SpaceX’s valuation and Tesla’s stock has helped him achieve this.
Recently, Musk’s fortune got a sizable $20 billion lift. A part of it came from a $1.25 billion inside deal connected to SpaceX.
Musk is known for his successful and diverse businesses like Neuralink, xAI, and the Boring Company. But the main pillar of his wealth is Tesla. This company saw its shares shoot up 65% after the recent election, which greatly filled Musk’s pockets.
Musk’s wealth is now a staggering $400 billion! This puts him a cool $136 billion ahead of Bezos, making him the richest person on Earth. Talk about a financial victory!
