Elon Musk Makes History with $400 Billion Net Worth Milestone

Elon Musk has become the first person to reach a net worth of $400 billion, largely due to a significant insider share sale of SpaceX, which increased his wealth by $50 billion. His fortune has rebounded dramatically since late 2022, bolstered by Tesla's stock surge following Donald Trump's election win, where Musk played a key role as a political donor. SpaceX's valuation has also soared, making it the most valuable private startup globally. Despite a legal setback regarding his Tesla pay package, Musk remains the world's richest individual.