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Musk’s Wealth Reaches $1.4T
Elon Musk’s net worth has surpassed $1.4 trillion as SpaceX shares surged, making it the fifth-largest company globally with a market value of approximately $2.77 trillion. The stock jump, driven by a rally of over 10% on the trading day, added significant value to Musk’s holdings and pushed SpaceX ahead of Amazon in market capitalization. The company's shares have increased nearly 35% since its IPO, following investor demand that valued the company at $85 billion, despite questions from some analysts about its overall valuation.
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