Musk's net worth has surged to $334 billion, up $105 billion this year, driven by his substantial stakes in Tesla and SpaceX, as well as growing investments in AI.
Investors are increasingly seeing Tesla as an AI company, with its ambition to create self-driving cars that may revolutionize the auto industry, a view shared by Nvidia's CEO.
With SpaceX's domination in the rocket launch sector and significant funding, Musk holds at least 50% equity, making his share valued over $130 billion and contributing greatly to his net worth.
AI companies present complex valuation challenges, and while xAI has potential, it's uncertain if it will emerge as a market leader in this competitive field.
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