Elon Musk becomes the first person in history to reach 600 billion dollars in wealth: what's next.

According to ТСН: Elon Musk, founder of the space company SpaceX and CEO of Tesla, has for the first time in history exceeded a personal net worth of 600 billion dollars.

This increase in wealth is related to rumors of a possible public offering of SpaceX shares, which might happen soon. If this occurs, the market value of the company could reach nearly 800 billion dollars.

Wealth Growth

According to Forbes, in October, Elon Musk became the first person whose wealth exceeded 500 billion dollars. Since then, his fortune has only grown amid positive news about key business assets.

Musk owns approximately 42% of SpaceX shares, and if the company goes public, his stake could add another 168 billion dollars to the entrepreneur's wealth. This could lead to Musk's total wealth reaching approximately 670–680 billion dollars.

Stake in Tesla and xAI

A significant part of Musk's financial portfolio also includes his stake in Tesla, which is about 12%. Despite a slowdown in electric vehicle sales, Tesla shares have risen about 13% since the beginning of the year. After his statement about testing robotaxis without safety operators, the company’s shares rose nearly 4% in a single trading day.

Besides SpaceX and Tesla, Musk also holds a stake in the startup xAI, which is seeking around 15 billion dollars in investments that could increase its valuation to 230 billion dollars.

In November, Tesla shareholders approved a new compensation package for Musk, worth up to one trillion dollars. This decision is the largest corporate reward package in history and reflects investors' expectations regarding the company's transformation towards artificial intelligence and robotics.

At the time of writing, Elon Musk, as well as representatives from SpaceX, Tesla, and xAI, have not commented on the assessment of his wealth and possible plans for SpaceX to go public.

It is worth noting that over 75% of Tesla shareholders supported the unprecedented compensation package for Elon Musk, which could make him the world's first trillionaire.

The growth of Musk's wealth and the possibility of a public offering of SpaceX shares underscore his influence in modern technology and business. His successes in innovative fields such as space technology and electric transportation attract the attention of investors and increase interest in the companies he manages.

It is important to keep an eye on further developments that may impact the markets and investment trends, as Musk continues to be a key figure in the high-tech world.