The technology magnate and political ally of the newly elected US President Donald Trump, Elon Musk, became the richest man in the world, and his fortune reached $400 billion.
The technology magnate and political ally of the newly elected US President Donald Trump, Elon Musk, became the richest man in the world, and his fortune reached $400 billion.
According to the Bloomberg agency, the latest catalyst for increasing his assets was the insider sale of shares in the private company SpaceX.
This instantly increased Musk's net worth by about $50 billion, to $439.2 billion.
We will remind you that the shares of Musk's other company, Tesla Inc. are up about 65% from the pre-election period on expectations that Trump will ease the spread of self-driving cars and eliminate tax incentives for electric vehicles that compete with Tesla.
The agency also notes that the value of artificial intelligence startup xAI, also owned by Musk, has more than doubled since May to $50 billion.
The day before, investors agreed to buy SpaceX shares for $1.25 billion from employees, and according to estimates, SpaceX has become the most expensive private startup in the world, worth about $350 billion.
Back in the spring of this year, Forbes estimated Musk's net worth at $195 billion, and in the ranking of the richest people, he was the second after the owner of Louis Vuitton, Christian Dior and Sephora, Bernard Arnault.
At the same time, as dev.ua wrote, a judge in Delaware rejected for the second time the record payment package of Tesla payments to Elon Musk in the amount of $56 billion, despite the approval of shareholders.
