Elon Musk’s Net Worth Crosses $400 Billion: Bitcoin, Tesla, and SpaceX Holding Surge

Quick Summary:

This achievement marks a historic milestone, driven by surging valuations of his companies, particularly Tesla and SpaceX, along with the remarkable performance of his crypto investments as the Bitcoin price surged past the $100k milestone.

SpaceX reduced the amount of shares it bought back from employees in order to allow some new investors in.

Musk’s recent appointment by President-elect Donald Trump as head of the Department of Government Efficiency (DOGE) has added political weight to his already towering influence.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Mustafa Mulla

Category: Crypto

Markets: United States

Topics: Spacex First Musk’s Billion Role Bitcoin Tesla Shares Market Crypto Worth

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-12 @ 05:01:21 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: coinpedia.org

Language: English

Article Length: 337 words

Reading Time: 2 minutes read

Sentences: 32 lines

Sentence Length: 11 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinpedia

News ID: 24368584

View Article Analysis

About Coinpedia

Main Topics: Crypto

Official Website: coinpedia.org

Update Frequency: 15 posts per day

Year Established: 2016

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #112

Publisher Details

Frequently Asked Questions