Brief by Shorts91 Newsdesk / 03:07am on 12 Dec 2024,Thursday International
Elon Musk, CEO of Tesla and SpaceX, has become the first person in history to reach a net worth of $400 billion, according to Bloomberg. His wealth surged by $20 billion after SpaceX’s valuation rose to $350 billion following a deal to sell $1.25 billion in insider shares. Tesla’s stock also hit a record high, closing at $424.77. Musk’s ventures, including xAI and Neuralink, have seen significant growth. His support for Donald Trump’s presidential win boosted his businesses further. Musk now holds key roles in several companies and will assist in a new government efficiency department under the Trump administration.
