Elon Musk becomes the first person to surpass $800 billion in wealth

Elon Musk becomes the first person to surpass $800 billion in wealth

According to Forbes, Elon Musk has become the first person in the world to have a fortune exceeding $800 billion. This was due to the merger of his companies SpaceX and xAI. This deal increased Musk's fortune by $84 billion, bringing his total capital to $852 billion. After the merger, SpaceX was valued at $1 trillion, and xAI at $250 billion. Musk's stake in the new structure is 43%, worth $542 billion. He also owns a large stake in Tesla. Over the past four months, Musk has achieved a series of major milestones. His fortune exceeded $500 billion in October, $600 billion in December, and soon after that, $700 billion, and now it is over $800 billion.