According to CNN on December 11th, Elon Musk's net worth has reached $400 billion, becoming the first person in history to break through this barrier.
It is reported that Musk's wealth has increased by nearly $20 billion again, which is related to his space exploration technology company.
According to multiple US media reports on the 11th, SpaceX and its investors have reached an agreement to purchase up to $1.25 billion in internal shares, with a price of $185 per share, far higher than the valuation of $112 per share less than three months ago, representing a 65% increase.
SpaceX's valuation has also skyrocketed to $350 billion, making the company the most valuable private startup in the world. The report states that the soaring valuation is mainly attributed to the positive market sentiment after the US election, as well as SpaceX's numerous recent developments in the field of rocket launches.