Elon Musk is very close to becoming the first person in the world to own a trillion USD in assets, with the main driving force no longer coming from Tesla but from the increasing valuation of SpaceX. Although Tesla still shapes Musk’s public image, SpaceX is the key factor driving his assets to grow rapidly.
Speculations surrounding the potential IPO of SpaceX with a valuation of up to 1.5 trillion USD, along with Tesla shareholders approving an ambitious performance-based compensation package, have completely changed Musk’s asset trajectory. Instead of gradual growth, his net worth now depends on several milestone achievements.
Musk’s assets have increased by nearly 50% compared to the same period last year, reaching approximately 645 billion USD, making him the first individual to surpass the 500 billion USD mark. This surge reflects the higher valuation of SpaceX in the private market and renewed confidence in Tesla’s long-term strategy.
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