Musk’s Wealth Hits Record $348 Billion

$348 billion

“Elon Musk’s net worth hit an all-time high of $347.8 billion on Friday, driven by Tesla Inc.’s ongoing stock rally and a new funding round valuing his artificial intelligence startup xAI at $50 billion,” Bloomberg reports. “Musk’s numerous businesses have been surging in value since Donald Trump’s election victory propelled Musk, the so-called ‘first buddy,’ into the political spotlight.”