Elon Musk Networth: Elon Musk has created history. According to the Bloomberg Index report, his net worth has crossed $400 billion. Elon Musk is benefiting greatly from Donald Trump’s victory. Since November 5, Elon Musk’s net worth has increased by $136 billion.
Elon Musk Networth: The net worth of the world’s richest person Elon Musk has crossed $400 billion (Rs 33938 crores). According to the Bloomberg Index report, Elon Musk has become the first person in the world whose net worth has crossed $400 billion.
Elon Musk has got this special achievement due to the sale of insider shares of his aerospace company SpaceX. SpaceX alone contributes $50 billion to Elon Musk’s net worth. Let us tell you, Elon Musk’s net worth is $140 billion more than the world’s second richest person Jeff Bezos.
SpaceX became the world’s most valuable startup company
According to a Bloomberg report, SpaceX has bought shares worth $1.25 billion from its employees and company insiders. This purchase has been made at a valuation of $350 billion. Let us tell you, SpaceX has become the world’s most valuable private startup company. According to the report, after this deal, Elon Musk’s net worth has reached $439.20 billion.
Trump’s victory has also benefited
Elon Musk has also benefited from Donald Trump’s return to America. He openly supported Donald Trump in this presidential election. He even held public rallies at many places. After Donald Trump’s victory, Tesla’s shares have increased by 65 percent. The company’s shares have reached an all-time high of $415.
Investors are hopeful that the Trump government will remove the tax on self-driving car companies. Tesla will benefit from this. Elon Musk’s net worth has increased by $136 billion since November 5. Let us tell you, Trump has been given a very important position in the new government.
Valuation of this AI venture doubled
The valuation of Elon Musk’s AI company xAI has doubled after the last round of funding. The company last raised funds in May. Then its valuation was $50 billion.