Elon Musk’s Fortune Reaches $400 Billion Fortune, Bloomberg Says | Global News Avenue

Elon Musk A man worth $400 billion.

53-year-old Tesla (Tesla) CEO and serial entrepreneur becomes the first person with a net worth exceeding US$400 billion, Bloomberg reported Wednesday.

this Most of Musk’s net worth from his stakes in Tesla as well as privately held companies SpaceX, social media platform X and xAI. Bloomberg SpaceX’s latest internal stock sale “boosted Musk’s net worth by approximately $50 billion, to $439.2 billion.”

Tesla shares hit a record high on Wednesday and are up nearly 70% this year, jumping from election day. Musk is an outspoken supporter of Donald Trump and has seen his net worth increase 66% since the election, the report said.

according to ForbesReal-time net worth tracking shows Musk is worth $369.9 billion.