Elon Musk is worth more than $300 billion once again
Briefly

Elon Musk has regained a net worth of over $300 billion, fueled by a rise in Tesla stock, closing at $301 billion. He plans to step back from the White House DOGE office to devote more time to Tesla, due to investor concerns regarding his engagement with the company. Musk's wealth is significantly higher than that of Jeff Bezos, who is valued at around $195 billion. The fluctuations in Musk's net worth illustrate volatility in high-value investments, including both Tesla and SpaceX stakes.
Musk is worth more than $300 billion again, with $106 billion more than his closest rival Jeff Bezos, reflecting stock performance and his focus on Tesla.
Elon Musk announced he will be stepping back from the White House DOGE office to concentrate on Tesla, aiming to allay investor concerns over his commitments.
Despite drastic shifts in his net worth, mainly due to Tesla's stock performance, Musk’s wealth remains significantly higher than that of his competitors.
Musk's net worth, once peaking above $400 billion, has fluctuated primarily due to the EV market, underscoring the volatility associated with high-stakes investments.
Read at Business Insider
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