Musk’s Net Worth Races Toward $1 Trillion
Elon Musk's net worth has jumped $26 billion this year to $645 billion, driven by the potential valuation of SpaceX and Tesla's stock performance. Musk's net worth could reach $1 trillion if SpaceX's IPO is successful or Tesla advances in robotics.
Elon Musk's net worth has increased by $26 billion this year, reaching $645 billion. This growth comes ahead of SpaceX's potential IPO, which could value the company at $1.75 trillion. Musk owns about 42% of SpaceX and has control through special voting shares. Tesla's stock has risen 49% in the last year, despite flat car unit sales over the last four quarters. The merger of xAI with SpaceX has also boosted xAI's value to $250 billion. Musk's net worth could reach $1 trillion if SpaceX's IPO is successful or Tesla shows significant advances in robotics.
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