Elon Musk net worth surpasses $400B

By Agence France-Presse

Dec 13, 2024 12:12 am

WASHINGTON, D.C. – Tesla and SpaceX boss Elon Musk's net worth has surpassed $400 billion, according to the Bloomberg Billionaires Index, setting a new milestone on Wednesday for the world's richest person.

The jump in wealth, the business news outlet reported, came after SpaceX and its investors agreed to purchase as much as $1.25 billion of insider shares in a transaction that valued the rocket and satellite company at about $350 billion.

RICHEST Tesla and SpaceX CEO Elon Musk looks on inside Notre-Dame Cathedral in Paris during its reopening on Dec. 7, 2024. Bloomberg Billionaires Index on Dec. 11 reported Musk having a network that surpassed $400 billion. AFP PHOTO

Already have an active account? Log in here to continue reading.
Or
Subscribe to the Premium Subscription plan to access this subscriber-exclusive article.

Related Articles

Nvidia meets Trump amid AI trade tensions

Samsung Q4 operating profit jumps 129.85%

Apple profit climbs to $124.3B

US economic growth holds steady in 2024

Nissan, Honda to make merger decision mid-Feb

Global air travel hits record in 2024

Denso reports rise in Q3 earnings