Elon Musk was the first in the world to overcome a fortune of $ 400 billion
Elon Musk's fortune reached $442 billion thanks to the growth of Tesla shares and the increase in SpaceX's capitalization to $350 billion, which made it the largest startup in the world.
Elon Musk became the first person in history whose fortune exceeded $400 billion, reaching the $442 billion mark. This financial success is due to a significant increase in Tesla shares and an increase in SpaceX's capitalization to $350 billion, which made it the most expensive private startup in the world.
After Donald Trump's victory in the presidential election, Musk's fortune increased by 66%. Musk's close ties with the new administration have helped boost investor interest in his companies.
Tesla shares reached a record price of $424.77 per share, which significantly increased Musk's capital. SpaceX, in turn, conducted a share buyback deal with employees, valuing the company at $350 billion, which strengthened its position as the most valuable startup in the world.
Thus, the successful development of Musk's companies and the favorable political environment contributed to his unprecedented financial growth.
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