Elon Musk Becomes First Person Ever To Reach $400 Billion USD Net Worth

[Polybius]

Source: Hypebeast

As the richest person in the world, Elon Musk continues to set records with even higher milestones. According to Bloomberg, the Tesla CEO has made a historic feat, becoming the first person to ever reach a net worth of $400 billion USD. The publication’s Billionaires Index reports that Elon Musk’s fortune saw an increase in 77% following the November elections, making him worth $447 billion USD. The number is greater than both Jeff Bezos’ and Bill Gates’ net worths combined.

Earlier this week, Bloomberg also reported that Musk’s rocket company SpaceX saw a big valuation jump to about $350 million USD with SpaceX and its investors promising to purchase $1.25 billion USD of insider shares. This led to Musk’s one-day bump in net worth of $62.8 billion USD. Since the beginning of 2024, Musk has added approximately $218 billion USD to his net worth.

Musk’s over $100 million USD investment into social media platform X, which has become an online megaphone for President-elect Donald Trump, saw Musk become one of the election’s biggest winners. He has managed to secure a direct line to the White House and is expected to have significant sway on government policies and federal agencies that oversee his six companies from Tesla to SpaceX. His companies have been offered billions in federal contracts in the past decade. Musk has raced past his peers in the billionaires race, securing the top spot with a historical, over $400 million USD net worth.

Read more: https://hypebeast.com/2024/12/elon-musk-first-person-with-400-billion-usd-net-worth-news

---

No one needs that much.

[Irish_Dem]

1. He will double this amount in the next four years.

[DJ Porkchop]

4. We should probably eat him first.

#newyearnewyou

[Linda ladeewolf]

8. He looks

Soft and fat enough.

[ck4829]

2. Goes to show how meaningless money really is

[KPN]

3. This is dangerous for all of mankind. Mankind can either resist or get vacuumed up and spit out

by voracious, unfettered greed. But what can be done about it? Not even the Trumpster can control this ... Musk will chew him up and spit and spit him out as well as he hoovers up whatever enters his orbit.

[Midnight Writer]

5. This is money being siphoned out of our economy that could go to wages, to health care,

to infrastructure, and all the other things civilized nations have.

The genie is out of the bottle and raising havoc, and it will never go back in.

[EX500rider]

9. Except it's not really money? It's his worth in stocks in his companies

If he tried to sell them and cash out he would crater the stocks and get no where near that much $

[Yavin4]

14. But he can, and does, borrow against it

which makes it real.

[Bengus81]

6. And it's got him what?? He's ugly as all get out and needs shirts that are longer

Maybe $400B can fix both of those,along with him being a fucking douche bag.

Tell us Eloon....how'd those Government loans--$465 MILLION in your case work out...eh?? Here he is in 2013 after paying off his huge ass taxpayer funded loan:

In a statement issued after the money had been wired, Tesla CEO Elon Musk said, “I would like to thank the Department of Energy and the members of Congress and their staffs that worked hard to create the ATVM program, and particularly the American taxpayer from whom these funds originate. I hope we did you proud.”

That's Government doing the GOOD that they can do for regular people. Of course you and that POS Vivek are on a mission to tear it all down.

[Miguelito Loveless]

7. We will be a trillionaire soon

He made a very wise investment in buying the presidency.

[Blue_Tires]

10. Eat the rich

[mdbl]

11. nice to know all that money makes him so humble

[JoseBalow]

12. That's about $1,446 for every U.S. adult

Fire up the grill!

[NEOBuckeye]

13. Elon Be Gone

No one should ever be able to amass this much wealth. He is a threat to this country, and a threat to us all.

[Quanto Magnus]

15. Lower his taxes!!!!

I mean clearly he feels the pinch so much he has to increase his wealth more...

[Woodycall]

16. Just to be clear...

That's $1,000,000 X 400,000...

[Initech]

17. Biden should impose a sweeping tax on billioniares before he leaves office.