Elon Musk's net worth reaches a record $684 billion, with SpaceX now valued at $800 billion.
Key Points Summary
- Elon Musk's net worth has reached a record $676 billion for the first time.
- Following a recent tender offer, SpaceX is now valued at $800 billion.
Elon Musk has just made history by becoming the first person with a net worth exceeding $600 billion. His wealth is currently estimated at about $684 billion, according to Forbes.
Previously, SpaceX achieved an $800 billion valuation through an internal stock sale, making it the most valuable private company in the world.
If SpaceX goes public, Musk's wealth is expected to grow even further. Bloomberg previously reported that the aerospace company is seeking an IPO, with an expected fundraising amount exceeding $30 billion and a valuation reaching $1.5 trillion, making this deal potentially the largest IPO in history.
Following the latest increase in Elon Musk's net worth, prediction markets are rapidly reassessing his long-term wealth prospects.
According to Kalshi data, traders believe there is as much as an 85% chance that Musk will become a trillionaire by 2029, and they are also more confident about shorter timeframes. Currently, the market generally believes there is about a 60% probability that SpaceX CEO Musk will reach trillionaire status before 2027.
In addition, Tesla's stock price also closed at a historic high of nearly $490 today. Over the past month, Tesla's stock price has risen by more than 20%, boosted by progress in the company's self-driving taxi pilot project.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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