Musk becomes first person to reach $400 bn net worth mark

Musk becomes first person to reach $400 bn net worth mark

Elon Musk’s net worth has reached $400 billion, making him first person ever to cross that mark, reports CNN. According to Bloomberg’s Tuesday report, behind his nearly $20 billion jump in wealth was a deal that shot up Musk’s rocket company SpaceX’s valuation to roughly $350 billion. SpaceX and its investors agreed to purchase as much as $1.25 billion of insider shares. The media...

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