Elon Musk, the legendary figure in the technology world, has once again reclaimed the title of the world’s richest person, with his personal wealth reaching unprecedented levels. His financial empire spans multiple sectors, including electric vehicles, space exploration, and artificial intelligence, while a series of successful investments and strategic ventures have continued to fuel his asset growth.

Musk Breaks New Records: Personal Wealth Surpasses Historic Milestones

Elon Musk’s net worth surged following significant market developments, making him the first individual to reach a net worth of $400 billion, marking a new milestone in global wealth. According to the Bloomberg Billionaires Index, the rapid increase in Musk’s fortune was largely driven by the private stock sales of his aerospace company SpaceX, adding approximately $50 billion to his net worth. Additionally, Tesla's stock price hit an all-time high on Wednesday, pushing Musk’s fortune to $447 billion.

（Source：Bloomberg）

Key Factors Behind Wealth Growth

Several critical factors contributed to the rapid growth of Musk’s wealth. First and foremost, Tesla’s stock price experienced significant appreciation over the past year, substantially boosting Musk’s assets. As a global leader in the electric vehicle market, Tesla has witnessed steady increases in demand and sales. With more consumers transitioning to electric vehicles, Tesla’s market share continues to expand, driving its stock price higher.

Second, SpaceX’s success has been another major factor in Musk’s rising net worth. Recently, SpaceX achieved a series of successful launch missions, solidifying its position in the commercial space industry, particularly through collaborations with NASA. The company’s valuation has surged, attracting significant investor interest. A recent internal stock sale at SpaceX increased Musk’s net worth by approximately $50 billion, underscoring his growing influence in the aerospace sector.

Furthermore, Musk’s artificial intelligence startup, xAI, has garnered significant investor attention. Since its financing round in May, xAI’s valuation has doubled to $50 billion, reflecting increasing market recognition of Musk’s strategic positioning in the AI industry.

Key Investments and Associated Companies

Musk’s wealth portfolio is primarily anchored by Tesla and SpaceX, two of his most significant ventures.

Tesla, the world’s largest electric vehicle manufacturer, continues to lead the industry with its cutting-edge battery technology and autonomous driving systems. Amid global emphasis on clean energy and sustainable transportation, Tesla remains well-positioned for long-term growth.

SpaceX, on the other hand, has emerged as the most valuable private space company worldwide. Its revenue streams largely stem from contracts with the U.S. government, including NASA programs for space launches and cargo transport to the International Space Station. These agreements provide a stable income foundation for SpaceX, enabling further expansion.

Beyond Tesla and SpaceX, Musk has diversified into other innovative sectors. For instance, he invested in SolarCity (now integrated into Tesla) and Neuralink, which focuses on groundbreaking brain-computer interface technology. These ventures highlight Musk’s visionary approach to future technologies, encompassing renewable energy and advanced human-machine interaction.

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（Source: uSMART HK）