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Elon Musk's Fortune Reaches Unimaginable Heights What You Need to Know

Author
GREY Journal
Published
Wed 11 Dec 2024
Episode Link
https://greyjournal.net/

Elon Musk has attained a net worth of $439.2 billion, marking a historical record. This increase results from multiple factors, including SpaceX's agreement to purchase $1.25 billion in shares from insiders, which added $50 billion to Musk's net worth. Tesla's stock rose approximately 65% since early November, driven by strong investor interest, particularly in light of Musk's upcoming role in the Department of Government Efficiency. Additionally, his AI venture, xAI, more than doubled in valuation since May, reaching $50 billion.

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