Elon Musk Becomes World's First $400 Billion Man

Elon Musk has become the first person to surpass a net worth of $400 billion, with his assets, including Tesla, SpaceX, and xAI, valued at $428 billion. This milestone follows a significant increase in SpaceX's valuation to $350 billion, making it the most valuable private company globally. Musk's wealth has surged by over $150 billion in 2024, partly due to his stakes in Tesla and xAI. Despite some setbacks, such as a voided Tesla options deal, Musk remains the world's richest person, far ahead of Jeff Bezos and Bernard Arnault.