net worth

Elon Musk Becomes First Person To Reach Net Worth Of $400 Billion

Elon Musk Becomes First Person To Reach Net Worth Of $400 Billion

The richest person in the world just hit an even higher milestone. Elon Musk’s net worth has reached $400 billion, according to Bloomberg, making him the first person ever to cross that mark. Behind his nearly $20 billion jump in wealth was a deal that shot up Musk’s rocket company SpaceX’s valuation to roughly $350 billion, Bloomberg reported Tuesday. SpaceX and its investors agreed to purchase as much as $1.25 billion of insider shares. CNN has reached out to SpaceX for comment, but the company typically does not respond to media requests. Since the aftermath of the 2024 US presidential…
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