Elon Musk becomes the first man to own a fortune of more than $400 billion

Elon Musk’s personal fortune is now valued at $440 billion (€880 billion), Bloomberg reported on Wednesday.

Published on 11/12/2024 23:01

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Elon Musk attends a speech by Donald Trump during a meeting in Washington (United States), November 13, 2024. (ANDREW HARNIK / GETTY IMAGES NORTH AMERICA / AFP)
Elon Musk attends a speech by Donald Trump during a meeting in Washington (United States), November 13, 2024. (ANDREW HARNIK / GETTY IMAGES NORTH AMERICA / AFP)

His bank account is accumulating records. The boss of Tesla and SpaceX, Elon Musk, already considered the richest man on the planet, has exceeded 400 billion dollars in fortune (around 380 billion euros), a first, reports Bloomberg, Wednesday December 11 . Tesla’s share price has increased by more than 65% since the election of Donald Trump in early November, according to the platform.

Separately, SpaceX and its investors agreed to buy up to $1.25 billion in company stock, pushing the space company’s value to about $350 billion (around €333 billion). ). This transaction increased Elon Musk’s personal fortune by approximately $50 billion (approximately 48 billion euros), bringing it to $440 billion (approximately $419 billion), specifies Bloomberg.

Now close to Donald Trump, Elon Musk has become the largest political donor in recent American history with more than $270 million (255 million euros) paid during the presidential campaign to support the Republican, according to figures from the American Electoral Commission. Elon Musk’s proximity to the president-elect has raised concerns about possible conflicts of interest, including fears that the new administration would eliminate tax credits on electric vehicles competing with Tesla.

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