OAN Staff Avril Elfie
5:48 PM – Wednesday, December 11, 2024
According to a report by bloomberg newsElon Musk became the first individual to have a net worth of over $400 billion.
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bloomberg Reported that SpaceX private sale took place The stock increased the company's market capitalization to about $350 billion. Musk is believed to own at least 42% of the company's stock.
The report also said that Musk's wealth has increased to about $440 billion as Tesla hits new records.
However, another billionaire index is forbes He claimed that Musk's net worth is about $369 billion, followed by Amazon founder Jeff Bezos's net worth in second place and Oracle founder Larry Ellison's in third place.
Musk has spent much of this year focused on the 2024 election.
He spent nearly $1.5 billion supporting Donald Trump's campaign through pro-First Amendment and pro-Second Amendment PACs, according to filings with the Federal Election Commission. America PAC.
“America PAC stands for secure borders, smart spending, safe cities, a fair judiciary, free speech, [and] Self-defense,” the PAC website states.
President Trump has continually expressed a desire to further strengthen these efforts in his next administration.
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