Bloomberg Billionaires Index or Forbes Real-Time Billionaires List

Elon Musk Richest Ever at $348B on Tesla Rally, xAI Valuation, Trump Win

Nov 23, 2024, 12:20 AM

Elon Musk's net worth has reached an all-time high of $348 billion, driven by Tesla's ongoing stock rally and a new funding round valuing his artificial intelligence startup xAI at $50 billion. Musk's wealth has surged by approximately $90 billion since Donald Trump won the presidential elections, making him the richest person in history according to Bloomberg estimates. The surge in Tesla's stock price, fueled by Trump's election win, has significantly contributed to this increase in Musk's net worth, with Forbes calculations confirming his status as the wealthiest individual ever.