The transaction between SpaceX and xAI announced on Monday evening (February 2) not only strengthened Musk's position as a leader in the technology industry, but also significantly increased his value.
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Forbes magazine currently estimates that the value of the billionaire's net worth increased to $852 billion, which means that Musk recorded a jump of $84 billion this week
Combined value SpaceX and xAI was estimated at $1.25 trillion.What makes the new company one of the most valuable enterprises in the world.
SpaceX. A key pillar of Elon Musk's empire
Before the merger, Musk owned 42%. shares in SpaceX, valued at $336 billion, and almost half of the shares in xAI, worth $250 billion at the beginning of February.
After the merger of both companies the billionaire holds 43 percent shares in the newly established company, whose value is estimated by Forbes at USD 542 billion.
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Elon Musk, now 54, does not limit his wealth only to SpaceX and xAI. He also owns 12 percent. shares in Tesla, which are worth $178 billion, and options on shares of this company worth $124 billion.
The richest people in the world. Elon Musk at the helm
In recent months, Elon Musk's fortune has been growing at a dizzying pace. According to Forbes, the billionaire quickly exceeded the next limits – USD 500, 600 and 700 billion.
Currently, his fortune exceeds by USD 578 billion. the value of the assets of Larry Page, co-founder of Google.
Read also: Elon Musk has merged his empire. Cosmic valuation
On the list of the world's richest people, Musk leaves far behind other technology giants. Founder of AmazonJeff Bezos, with a fortune exceeding $250 billion, is currently in third place. The fourth and fifth positions are occupied by Larry Ellison, co-founder of Oracle, and Sergey Brin, co-founder of Google, whose fortunes are approximately $240 billion each..
