Elon Musk's net worth hits $600 billion
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Elon Musk just broke $600 billion and could become the first trillionaire
Elon Musk’s net worth has crossed $600 billion, fueled by Tesla, SpaceX, and AI ventures. Explore how the world’s richest person is redefining industries and approaching trillionaire status.
Elon Musk is the first person to ever be worth $600 billion. He's worth nearly $400 billion more than the second richest person.
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Is Elon Musk's Pay Package Really $1 Trillion? And What Could It Mean for Tesla's Stock?
Using Tesla's current shares outstanding (3.5 billion) and the market cap target suggests a share price of about $2,400. That's nearly 6 times the current share price, which is extremely ambitious. (Note that 424 million shares multiplied by $2,400 gets you to over $1 trillion.)
Musk often brags about how his products are either changing the world now, or will do so in the future. One of his favorite recent topics is Tesla Robotaxi. Tesla has teased its Robotaxi program since Musk first mentioned it in 2016. As recently as last year, Musk claimed there would be 1 million of them on the road by 2025.