Elon Musk, the CEO of Tesla and SpaceX, has reached his highest-ever net worth of $334.3 billion, according to recent reports. His fortune grew significantly after Tesla’s stock price rose by 3.8%, hitting a 3.5-year high of $352.56 per share.
This surge in Tesla’s value is driven by investor confidence, partly due to the expectation of favorable regulatory policies under a potential Trump presidency.
Musk’s wealth is largely tied to his stake in Tesla, which is currently valued at $145 billion. In addition, his latest artificial intelligence company, xAI, has added $13 billion to his fortune. Beyond Tesla and xAI, Musk’s holdings in SpaceX, Neuralink, and X (formerly Twitter) also contribute to his position as the wealthiest person in the world.
The billionaire’s growing wealth reflects the success and influence of his ventures across multiple industries, including electric vehicles, space exploration, and artificial intelligence.
His innovative projects and significant market presence continue to attract global attention, solidifying his status as a key figure in technology and business.
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