Elon Musk has become the first person in history to reach a net worth of $400 billion. His fortune has grown significantly due to the rising value of SpaceX and the sharp increase in Tesla’s stock price.
Recently, Musk’s wealth increased by nearly $20 billion, partly because of a $1.25 billion insider deal involving SpaceX.
Musk’s influence spans multiple industries, with groundbreaking ventures like Neuralink, xAI, and the Boring Company playing a role in his success. Tesla, however, remains a major driver of his wealth. The company’s stock surged by 65% after the recent elections, adding billions to his fortune.
With $400 billion, Musk is now $136 billion richer than Jeff Bezos, firmly securing his position as the world’s richest person.
