Elon Musk Internet Significance Reached 500 billion usd tesla spacex x know each and every main points

Elon Musk, the CEO of Tesla and Spacex and Elon Musk, has increased to $ 500 billion. He has become the first person in the world to acquire such a property. The major change reported by the Bloomberg Billionaires Index has occurred due to the influence of Musk in many areas including electric vehicle, space exploration, artificial intelligence and social media. Earlier, according to reports in December 2024, Musk had a net worth of $ 400 billion. His rapid increase in property shows the success of his major business. Let us know about it in detail.

Alan Musk crossed a $ 500 billion figure

Alan Musk’s $ 500 billion net worth is largely involved with his stake in many transformative companies. Each property of his portfolio plays an important role in shaping both his net worth and future for the future.

Tesla’s biggest contribution
Tesla tops the global level in Electric Vehicle (EV) and renewable energy which holds the most important place in Musk’s property. Musk has 13% of Tesla, which is his largest financial property. As a stock option, he has an additional 304 million exercise stock options, which have been given as a 2018 compensation package. These options increase their ownership value and profit to a great extent.

Spacex
Spacex is an emerging company that is Musk’s private aerospace company. It represents their property. Musk holds 42% of Spacex’s control through a trust, leading to a major stake in the company. As of December 2024, Spacex has a value of $ 350 billion.

X corp
The Twitter was acquired by Elon Musk, which is now rebranded as X CORP. After the acquisition of $ 44 billion in 2022, Musk has a 79% stake in X CORP. However, after its purchase, the value of X CORP fell by about 72% based on the October 2024 filing of Fidelity.