Elon Musk Achieves $400B Milestone
Elon Musk has become the first individual to achieve a $400 billion net worth, driven by the sale of SpaceX shares, rising Tesla stock, and his growing ventures like xAI. SpaceX shares added $50 billion to his wealth, bringing his total to $439.2 billion. Musk’s influence is set to grow with his expected role as co-head of the U.S. Department of Government Efficiency under the Trump administration. His AI company, xAI, doubled its valuation to $50 billion. SpaceX’s valuation reached $350 billion after a share buyback deal. Musk’s ventures continue to benefit from U.S. government contracts and policies favoring technological innovation.
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