Elon Musk becomes the world’s richest person, net worth close to 750 billion dollars
World First Trillionaire Forecast: There has been a historic surge in the wealth of the world’s richest person, Elon Musk, which has shocked the entire world. The combined net worth of Tesla and SpaceX owners is now very close to touching the magical figure of $750 billion.
A major decision of the US court and the increasing valuation of his private companies have opened new avenues for Musk. Experts believe Musk is now the world’s first ‘trillionaire’ We are moving very fast on the path of becoming.
Court decision and profit of 139 billion dollars
The biggest reason for this latest surge in Musk’s wealth is the historic decision of the Delaware Supreme Court which reinstated his 2018 salary package. Earlier, a lower court had termed this huge package as &8220;unimaginable&8221; It was canceled stating that.
The court has now made it clear in its order that if this package was stopped, it would have been injustice to Musk’s six years of hard work. According to the current market price, this decision has given Musk stock options worth about $ 139 billion, which will increase his stake in Tesla from 12.4 percent to 18.1 percent.
SpaceX and XAI’s growing empire
Not only Elon Musk’s Tesla but other companies are also growing at the speed of rocket. The latest valuation of his space research company SpaceX is estimated at around $800 billion, increasing Musk’s personal wealth by $168 billion.
According to reports, SpaceX is preparing to launch its IPO next year, after which the value of the company can go up to 1.5 trillion dollars. Along with this, his Artificial Intelligence company ‘XAI Holdings’ The valuation of has also reached close to $230 billion, where Musk’s 53 percent stake is worth about $60 billion.
Steps towards becoming a trillionaire
According to Forbes and other financial experts, Elon Musk is now at the stage from where he can become the world’s first trillionaire (owner of $1000 billion). Musk has also recently won the title of the first person in the world to cross the wealth mark of $600 billion.
This increase in his wealth reflects his visionary thinking and his dominance in future technologies such as electric vehicles, space travel and AI. Tesla’s board had already warned that such incentive packages were necessary to retain a talented leader like Musk in the company.
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Future plans and market confidence
This unprecedented success of Elon Musk has further strengthened the confidence in him among investors. While Tesla remains the leader in the electric vehicle market, SpaceX is busy realizing the dream of going to Mars through Starship.
Social media platform ‘X’ And companies like Neuralink also diversify their portfolio. Musk’s growing economic stature is not only an example for the business world, but it also points to his growing political and social influence in the global economy.
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