Market
Which industry will Elon Musk's next acquisition or merger be in by the end of 2025?
2
Resolution / Starting Odds
Aerospace company • 25%
Automotive company • 25%
Technology company • 25%
Other • 25%
Official company announcements or major financial news outlets
Story
Elon Musk's Wealth Hits $447B as Tesla Soars 69%, SpaceX Valued at $350B
Dec 12, 2024, 11:08 AM
Elon Musk has become the first person in history to surpass a net worth of $447 billion, according to the Bloomberg Billionaires Index. This unprecedented wealth was achieved after shares of Tesla Inc. closed at a record high of $424.77 on Wednesday, surpassing its previous peak set over three years ago. The electric vehicle manufacturer's stock has surged 69% since Donald Trump's presidential election victory, reflecting market optimism. Additionally, Musk's privately held space exploration company, SpaceX, saw its valuation soar to $350 billion following an internal share sale of $1.25 billion. Musk's net worth has increased by $218 billion year-to-date, placing him nearly $200 billion ahead of the world's second-richest individual, Jeff Bezos. The combined growth of Tesla and SpaceX underscores Musk's influential role in the tech industry and his dominance among global entrepreneurs.
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Space Industry • 25%
Automotive Industry • 25%
AI/Tech Industry • 25%
Other • 25%
Aerospace Company • 25%
Other • 25%
Tech Company • 25%
Automotive Company • 25%
An energy company • 25%
A technology company • 25%
An automotive company • 25%
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Government IT • 25%
Transportation • 25%
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Healthcare • 25%
Automotive industry • 25%
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New tech startup • 25%
Real estate • 25%
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Energy company • 25%
Tech company • 25%
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Battery technology company • 25%
AI Technology • 25%
Space Exploration • 25%
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Renewable Energy • 25%
New Tesla product • 25%
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New SpaceX project • 25%
New AI venture • 25%
Artificial Intelligence • 25%
Renewable Energy • 25%
Space Exploration • 25%
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Energy company • 25%