Elon Musk Net Worth: US Billionaire on Course To Script History as His Wealth Nears Record USD 500 Billion Mark
Elon Musk is on the course to script history as his wealth may hit record USD 500 billion mark soon. Elon Musk's net worth reached historic USD 400 mark, making him first person in history to accumulate such wealth.
Austin, December 18:슬롯 머신 사이트 추천Elon Musk's net worth has consistently increased since Donald Trump won the US Presidential Elections in 2024. He has added슬롯 머신 사이트 추천hundreds of billions to his wealth, breaking the historic mark of USD 400 billion, and now is set to break another record of reaching USD 500 billion net worth. Recently, SpaceX and Tesla shares rose significantly, adding more wealth.
Elon Musk, the richest person in the world, also owns슬롯 머신 사이트 추천X (formerly known as Twitter), xAI that created Grok, Neuralink, The Boring Company, and SpaceX's subsidiary, Starlink슬롯 머신 사이트 추천satellite슬롯 머신 사이트 추천internet service provider. Tesla has become슬롯 머신 사이트 추천the most valued슬롯 머신 사이트 추천electric vehicle manufacturer due to its constant innovations, such as FSD and products like슬롯 머신 사이트 추천Cybertruck.슬롯 머신 사이트 추천Elon Musk Net Worth Increased to All-Time High at USD 454 Billion Amid Tesla Share Price Rise Reaching USD 463.
Elon Musk is now on the path to슬롯 머신 사이트 추천making history as the first person to reach USD 500 billion, the highest net worth ever recorded. According to슬롯 머신 사이트 추천the Bloomberg Billionaires Index슬롯 머신 사이트 추천,슬롯 머신 사이트 추천Elon Musk currently boasts USD 486 billion in wealth, which rose significantly from the USD 300 billion mark recorded in November 2024.
Elon Musk's Ownership in Tesla, SpaceX and Other Companies
Tesla CEO Elon Musk owns a 13% stake in슬롯 머신 사이트 추천the EV company슬롯 머신 사이트 추천as per this year's proxy statement, along with exercisable stock worth USD 304 million from his 2018 compensation package. Tesla's net worth is around USD 1.3 trillion. Another ambitious aerospace company, SpaceX, recently reached USD 350 billion in valuation. Musk owns 42% of the company through a trust.슬롯 머신 사이트 추천
Elon Musk is estimated to hold around 79% of X Corp (previously known as슬롯 머신 사이트 추천Twitter) after his historic acquisition in 2022, paying USD 44 billion. However, the슬롯 머신 사이트 추천social슬롯 머신 사이트 추천platform's value has dropped 72% since its acquisition. Other companies like Neuralink, The Boring Company and xAI슬롯 머신 사이트 추천have their values rising as per the funding rounds.슬롯 머신 사이트 추천슬롯사이트˜Hashtags Look Ugly슬롯사이트�: Why Elon Musk Wants Users To Stop Using Hashtags on X?.
All of these companies and슬롯 머신 사이트 추천their unique projects have increased the wealth of Elon Musk and likely슬롯 머신 사이트 추천pushed the current net worth of USD 486 billion, likely beyond the USD 500 billion mark soon. It may happen at the end of 2024 or in early 2025.
(The above story first appeared on LatestLY on Dec 18, 2024 08:55 AM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).