Musk's Wealth Continues to Rise, Tesla Stock Hits New High

Cheddar News

Elon Musk's wealth continues to reach new heights, the worlds richest man is now the first person to hit the 400 billion dollar plateau according to Bloomberg.

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00:00Like his SpaceX rockets, Elon Musk's wealth continues to reach new heights.

00:05The world's richest man is now the first person to hit the $400 billion plateau, according to Bloomberg.

00:13The bulk of his new wealth comes from a new $350 billion valuation of SpaceX.

00:20Tesla stock has also been a rocket ship, up more than 60 percent since Election Day.

00:26The Wall Street Journal also says his AI company, XAI, doubled in value in November to more than $50 billion.

00:35In all, Elon's mind-boggling wealth has climbed more than $130 billion since November 4th.

00:43He's worth almost $200 billion, more than the world's second richest man, Amazon founder Jeff Bezos.

00:51Elon's next adventure? Leading the Department of Government Efficiency, or DOGE, in a second Trump administration.

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