How much is Elon Musk’s net worth? How did Elon Musk become the world’s first trillionaire? How much did Elon Musk benefit from SpaceX IPO? How much has SpaceX’s valuation reached? How much stake does Elon Musk own in SpaceX? How rich is Elon Musk than Ambani-Adani?
Elon Musk Net Worth: After the historic public listing of SpaceX, Elon Musk has created a new history. Musk has become the world’s first trillionaire after the company’s valuation reached above $2 trillion. After this achievement, discussion has started around the world about his wealth and the success of SpaceX. Meanwhile, Bernard Arnault, Chairman and CEO of luxury brand group LVMH has also given his reaction on this.
How much is Elon Musk’s net worth?
According to the Bloomberg Billionaires Index, the total net worth of the world’s richest person Elon Musk has reached $ 1.23 trillion. Along with this, he has also become the world’s first trillionaire. After him, Google’s Larry Page ($314 billion) and Sergey Brin ($291 billion) are at second and third place. Amazon’s Jeff Bezos ($266 billion) is at fourth place and Larry Ellison ($238 billion) is at fifth place. At number six are Michael Dell ($221 billion), at seventh is Mark Zuckerberg ($206 billion), at eighth is Jensen Huang ($174 billion), at ninth is Bernard Arnault ($168 billion) and at tenth is Warren Buffet ($146 billion).
Where are Ambani-Adani in the list of the world’s rich?
India’s Gautam Adani is at number 17 in the list of the world’s richest people. His total net worth is $119 billion. At the same time, Mukesh Ambani is now at number 25 and his wealth has reduced to $88.8 billion. That means Elon Musk is about 10 times richer than Adani and 13 times richer than Ambani.
What did Bernard Arnault say on Musk’s wealth?
In a video shared on social media platform Arnault acknowledged that Musk has left his rivals far behind, but he also made it clear that people should understand the difference between net worth and actual cash. “People talk about wealth, but it’s actually the value of a company’s shares. It’s not money that’s sitting straight in a bank account and can be spent immediately,” he said. When asked if Musk had completely left his rivals behind, he replied with a smile, “That’s exactly right in the rocket industry.”
How much did Elon Musk’s wealth increase after SpaceX IPO?
After the successful IPO of SpaceX, there was a huge jump in the net worth of Elon Musk. According to reports, after the IPO price was fixed at $135 per share, Musk’s net worth increased by about $188 billion. After this his estimated net worth reached $982 billion. According to Forbes data, Musk owns about 4.8 billion shares of SpaceX, which is valued at about $715 billion. Apart from this, he also has 350 million stock options worth approximately $50 billion. Together, all these stakes constitute approximately 38 percent of his stake in the company.
After IPO, Musk laid out his vision for the future.
In his address after the listing of SpaceX, Elon Musk said that this achievement is not just a business success, but an important step towards the future of human civilization. He said SpaceX’s goal is not just to build rockets, but to develop technology that can lead humans to a habitable future on multiple planets.
Targeted at other aerospace companies
In his speech, Musk also pointed out the difference between traditional aerospace companies and SpaceX. He said that many companies have made good rockets, but they were not working on technologies that could take human life beyond Earth to other planets. According to Musk, SpaceX aims to turn into reality the science-fiction fantasies people have been reading and thinking about for years.
Dream of space travel for common people
Elon Musk also said in his address that space travel in the future will not be limited only to governments or specially trained astronauts. He said that the aim of SpaceX is to develop such technology by which common people can also travel to the Moon, Mars and other parts of the solar system. Musk said the company’s goal is to take the “fiction” out of “sci-fi” and create a future that is exciting, inspiring, and real for everyone. According to him, whoever wants to travel to the Moon, Mars or other parts of the solar system in the future, SpaceX is working in that direction.