Musk becomes first person to be worth $US500 billion
Elon Musk was largely the first person to reach $ 500 billion (A756 billion dollars) net value, according to US magazine Forbes, which was organized in shares of electric car manufacturer Tesla and aviation company SpaceX.
Forbes calculated about $ 150 billion more than Larry Ellison, the founding partner of Oracle.
It is more difficult to predict Musk’s reserve than that of other billionaires, because most of its companies are not public trading.
Musk exceeded the brand of $ 400 billion in December 2024 in the midst of his investor speculation in which Tesla would benefit from his connections with US President Donald Trump. He often visited the White House during Trump’s period, but relations were later supported and Trump threatened to reduce federal support to Musk companies.
Tesla sales have also been softened because some potential buyers were postponed by Musk’s right -leaning political views and Trump’s role in the role of federal dismissal and cost -reduction measures.
Tesla’s shares have been supported by an increase in sales before the end of the growth expectations in robotax and robotics, and possibly in late September before the end of federal electric vehicle incentives.
The Musk portfolio also includes the social media platform X, AI developer Xai and Neural Implant company Neurralink. However, Tesla remains in the center of his reserve.
The electric car manufacturer potentially offers a compensation plan worth $ 1 trillion, depends on reaching eight -fold market growth, protecting Musk as a general manager and fulfilling other performance conditions.
Australian Associated Press is a beating heart of Australian news. AAP has been the only independent national Newswire of Australia and has been providing reliable and fast news content to the media industry, the government and the corporate sector for 85 years. We inform Australia.
