Elon Musk net worth hits $400 billion, setting a new record in personal wealth
- by Il Messaggero
- Dec 12, 2024
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Thursday 12 December 2024, 10:27
Elon Musk set a new record. He is now not only the richest person in the world, but also the first one to exceed $400 billion in personal wealth. His fortune has been built over the years and recently boosted by the rally of Tesla on Wall Street, which has soared since Donald Trump's election. In addition, SpaceX, his space company, has played a key role in increasing his wealth, with major milestones in space exploration. Let's see how he reached this milestone.
The Story
Elon Reeve Musk is a South African entrepreneur, born in Pretoria on June 28, 1971, with Canadian citizenship and naturalized American. The man is the founder, CEO, and CTO of Space Exploration Technologies Corporation, co-founder, CEO, and product architect of Tesla, and co-founder and CEO of Neuralink.
As if that weren't impressive enough, Elon Musk is also the president of SolarCity, founder of The Boring Company, and co-founder of PayPal and OpenAI. The entrepreneur has also proposed a super-fast transportation system known as "Hyperloop". Musk has stated that the goal of SolarCity, Tesla, and SpaceX revolves around the ideal of changing the world and humanity. Among other things, he aims to reduce global warming through the use of renewable energy and reduce the risk of human extinction by establishing a human colony on Mars. Through Starlink, a satellite constellation produced and managed by SpaceX, Elon Musk wants to provide high-speed, low-latency internet to the entire planet.
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