Better experience in portrait mode.

Elon Musk Makes History: Wealth Surpasses 400 Billion US Dollars!

kapanlagi
Elon Musk Makes History: Wealth Surpasses 400 Billion US Dollars! Latest Photo of Elon Musk (Photo credit: instagram.com/elonmusk__official__)

Kapanlagi.com - For KLovers who always stay updated with global technology and finance news, here is an astonishing story about Elon Musk! In the history of global wealth, Elon Musk's name is now etched in golden ink. This South African-born tech billionaire has just reached a spectacular milestone with a net worth of 400 billion US dollars - an amount that is almost hard to believe.

This figure is not just a series of digits, but a concrete representation of the triumph of a visionary entrepreneur who has transformed the global technology landscape. To provide perspective on the magnitude of his wealth, this amount is nearly double Indonesia's 2024 State Budget.

Bloomberg News released astonishing latest data, recording Musk's wealth at 384 billion US dollars. However, after the sale of SpaceX shares, his wealth soared by 50 billion US dollars, or about 798 trillion IDR, with a total wealth reaching 6,853 trillion IDR. Let's take a look at the complete news below!

1. Competition with Global Billionaires

For KLovers following the ranks of the world's richest people, Jeff Bezos now seems far behind with a net worth of 244 billion USD, or 3.891 trillion IDR. Musk is not just ahead; he dominates the list of the world’s richest people by an impressive margin.

Musk's extraordinary wealth did not come easily. Following Donald Trump's victory in the US presidential election, the stocks of his companies experienced a spectacular surge. Tesla, for example, saw an increase of nearly 70 percent, with a share price reaching 165 USD.

2. Profitable Business Diversification

For KLovers interested in technology businesses, Musk's success is not limited to just one company. Shares of xAI, his artificial intelligence company, are now valued at 25 USD per share. SpaceX has recorded significant growth with a share price of 82 USD, followed by increases in shares of X and Boring Company.

With his new position as Deputy of Government Efficiency, Musk is predicted to further boost investor confidence. His task of controlling US government spending by cutting several federal agencies strengthens his strategic position. So, what do you think? Let’s share your opinions in the comments section! If not now, when else?

(kpl/pri)

Disclaimer: This translation from Bahasa Indonesia to English has been generated by Artificial Intelligence.
Swipe Up Next Article

Cobain For You Page (FYP) Yang kamu suka ada di sini,
lihat isinya

Buka FYP
It Turns Out There Is Someone Bigger than Tasya Farasya, This Is the Amount of Money Amanda Manopo Spent on Online Taxi Apps Over a Year

It Turns Out There Is Someone Bigger than Tasya Farasya, This Is the Amount of Money Amanda Manopo Spent on Online Taxi Apps Over a Year

Shopping for food through online taxi apps has now become a habit for many people, including celebrities in the country. Recently, two celebrity names have caught attention with total spending reaching hundreds of millions of rupiah. They are Tasya Farasya and Amanda Manopo.

It Turns Out There Is Someone Bigger than Tasya Farasya, This Is the Amount of Money Amanda Manopo Spent on Online Taxi Apps Over a Year