November 25, 2024 – According to the Bloomberg Billionaires Index, Tesla CEO Elon Musk has achieved a new record high in his net worth, reaching $347.8 billion. This remarkable milestone was attained on Friday last week, when Tesla shares rose by 3.8%.
Since November 4th, Tesla’s stock price has surged 45%, adding approximately 350billiontoitsmarketcapitalization.AsofFriday′sclose,thecompany′stotalmarketvaluestoodat1.13 trillion.
In other news, the Wall Street Journal reported that xAI has been valued at 50billioninitslatestfundinground,exceedingthe44 billion that Musk paid for Twitter in 2022. SpaceX is also reportedly in discussions for a private stock sale, which could potentially value the company at over $255 billion.
Previously, Musk had reached a net worth milestone of $340.4 billion in November 2021, during a period of significant growth for Tesla stock. However, he has now surpassed that figure, further solidifying his position as one of the wealthiest individuals in the world.
