Musk's rocket company SpaceX is valuing itself at approximately $350bn, nearly doubling from last year's reported value of $180bn, indicating significant growth.
SpaceX and its investors have agreed to buy up to $1.25bn worth of employee shares, reflecting Musk's strategy to bolster support among his workforce.
Elon Musk's diverse business interests, including xAI and Neuralink, amplify his global influence, showcasing his ability to leverage different sectors for growth.
Musk's wealth has surged alongside SpaceX's rising valuation, with his 42% stake providing a substantial contribution to his status as the world's richest person.
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