According to a report by CNN on December 11, Elon Musk's net worth has reached $400 billion, making him the first person in history to break this milestone.
SpaceX's valuation has risen to $350 billion.
It is reported that Musk's wealth has increased by nearly $20 billion again, related to his space exploration technology company.
According to reports, SpaceX and investors have reached an agreement to purchase up to $1.25 billion in internal shares at a price of $185 per share, which is much higher than the valuation of $112 per share less than three months ago, an increase of 65%.
As a result, SpaceX's valuation has soared to $350 billion, making the company the most valuable private startup in the world.
Reports indicate that the surge in valuation is mainly due to positive market sentiment following the U.S. elections, as well as numerous recent advancements by SpaceX in the rocket launch field. The Nasdaq has broken through the 20,000 point barrier for the first time, and Tesla has risen nearly 6%.
Since the election results were announced in November, Tesla's stock price has surged by 66%.
Seeing this news, what I find strange is that regarding Musk's wealth, why do they not mention Musk's Bitcoin and Dogecoin?
