Elon Musk has made history by becoming the first individual to surpass a net worth of $400 billion, reaching approximately $447 billion as of December 12, 2024.
This milestone was largely fueled by a significant insider share sale at SpaceX, which added around $50 billion to his fortune. Additionally, Tesla's stock hit an all-time high, contributing to Musk's wealth surge, which has seen an increase of about $218 billion this year alone.
His financial gains have been further supported by the recent U.S. presidential election results, boosting investor confidence in his companies