Elon Musk Becomes the First Individual to Exceed a $400 Billion Net Worth – One America News Network
OAN Staff Abril Elfi
5:43 PM – Wednesday, December 11, 2024
As reported by Bloomberg News, Elon Musk has officially become the first person to exceed a net worth of $400 billion.
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According to Bloomberg, a private sale involving SpaceX shares has elevated the company’s market capitalization to about $350 billion, with Musk thought to own a minimum of 42% of the firm.
The report further indicated that Tesla’s recent achievements have propelled Musk’s wealth to around $440 billion.
Conversely, another billionaire index tracked by Forbes estimates Musk’s net worth to be approximately $369 billion, placing Amazon founder Jeff Bezos in second and Oracle founder Larry Ellison in third.
Musk has largely focused on the 2024 election throughout the year.
Federal Election Commission documents reveal that he has invested nearly a quarter of a billion dollars supporting Donald Trump’s bid for a second presidential term through his pro-First Amendment and pro-Second Amendment PAC.
Trump has consistently voiced his intent to reinforce the U.S. Constitution in his upcoming administration, a stance that contrasts with many Democrats, including failed VP candidate Tim Walz, who has argued that certain aspects of the Constitution are outdated and disconnected from present realities.
“I think all of us know the electoral college needs to go,” Walz previously stated, before spokespeople for the Kamala Harris campaign retracted his comments.
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