NewStats: 3,264,872 , 8,184,959 topics. Date: Thursday, 12 June 2025 at 04:29 PM 6i3a33

6382y

Elon Musk’s Net Worth Sures $400 Billion - Business - Nairaland 3h2nt

Elon Musk’s Net Worth Sures $400 Billion (13578 Views)

(4)

(1) Go Down)

NSNO(m): 10:49pm On Dec 11, 2024
Tesla and SpaceX boss Elon Musk’s net worth has sured $400 billion, according to the Bloomberg Billionaires Index, setting a new milestone Wednesday for the world’s richest person.

The jump in wealth, the business news outlet reported, came after SpaceX and its investors agreed to purchase as much as $1.25 billion of insider shares in a transaction that valued the rocket and satellite company at about $350 billion.

The transaction increased Musk’s personal wealth by about $50 billion to $440 billion, Bloomberg said.

Musk’s wealth, largely based on the share price of Tesla and the valuation of SpaceX, already took a huge leap after Donald Trump won last month’s US presidential election.

Tesla’s share price is up by about 65 percent since the vote in November.

Musk has been a prominent political donor and advocate for Trump, pumping a staggering $270 million into the Republican’s campaign.
He has been an ever-present sidekick for Trump since his election victory, inviting him to watch a rocket launch in Texas by his SpaceX company.

Musk’s businesses all have varying degrees of interactions with US and foreign governments, and his proximity to Trump has raised concerns that Musk will be able to give advantage to his own interests.

https://www.vanguardngr.com/2024/12/elon-musks-net-worth-sures-400-billion/amp/

29 Likes 2 Shares

MaziX(m): 10:51pm On Dec 11, 2024
Elon my boy



I pay Elon musk On X. So na my boy.. customer is always right

28 Likes

NSNO(m): 10:53pm On Dec 11, 2024
🎶 Agba baller
How much is money? 🎶

37 Likes 4 Shares

richmond500: 10:56pm On Dec 11, 2024
If no be Buhari govt policy weh kill my POS business for warri, who be Elon musk?

178 Likes 14 Shares

judatech: 12:10am On Dec 12, 2024
After some figures took much money makes you poor

2 Likes

SalamRushdie: 12:29am On Dec 12, 2024
judatech:
After some figures took much money makes you poor

Sharap

12 Likes 1 Share

SalamRushdie: 12:30am On Dec 12, 2024
For context if we start paying you $500k a day today it would take you 3000 years to catch up with Elon's wealth...

61 Likes 3 Shares

kushme: 1:25am On Dec 12, 2024
Musk in the building.
Kewtt: 2:49am On Dec 12, 2024
It is immoral for anyone to have such amount. Extreme wickedness is always at the root of such unbridled accumulation. Yet drug addicts are all over the US. Homelessness is all over the US.

23 Likes 2 Shares

SmartPolician: 3:45am On Dec 12, 2024
MaziX:
Elon my boy

Show some respect! You are calling a man richer than Nigeria your boy 🙂🙂🙂🙂

11 Likes 2 Shares

SmartPolician: 3:50am On Dec 12, 2024
Kewtt:
It is immoral for anyone to have such amount. Extreme wickedness is always at the root of such unbridled accumulation. Yet drug addicts are all over the US. Homelessness is all over the US.


Stop writing nonsense. Creativity made Elon Musk rich. Every Nigerian in the tech world should see Musk as their role model. That man is a constant reminder that impossible is nothing.

To the news, I strongly believe that given the time Bill Gates became a billionaire, if he had reinvested every cent he made like Musk, nobody's wealth would be anywhere close to his. Bill Gates is by far the world's most generous human being!

91 Likes 3 Shares

NSNO(m): 6:18am On Dec 12, 2024
SmartPolician:



Stop writing nonsense. Creativity made Elon Musk rich. Every Nigerian in the tech world should see Musk as their role model. That man is a constant reminder that impossible is nothing.

To the news, I strongly believe that given the time Bill Gates became a billionaire, if he had reinvested every cent he made like Musk, nobody's wealth would be anywhere close to his. Bill Gates is by far the world's most generous human being!
Something tells me that Bill Gates just wants to do charity work and enjoy his money. After all, he has nothing to prove anymore.

Nlfpmod, Fergie001.

24 Likes 1 Share

NSNO(m): 6:21am On Dec 12, 2024
Kewtt:
It is immoral for anyone to have such amount. Extreme wickedness is always at the root of such unbridled accumulation. Yet drug addicts are all over the US. Homelessness is all over the US.

One question, did he do anything immoral to accumulate his wealth?

27 Likes 1 Share

press9jatv: 6:52am On Dec 12, 2024
Soon Elon musk net worth will hit $1tr. Elon musk is diligent in his work .

11 Likes 1 Share

Floky215: 6:58am On Dec 12, 2024
I doubt if he ever pay tithe to any bloody criminal grin grin grin

14 Likes 1 Share

idahme(m): 7:02am On Dec 12, 2024
NSNO:

Something tells me that Bill Gates just wants to do charity work and enjoy his money. After all, he has nothing to prove anymore.

Nlfpmod, Fergie001.

Gates no send any body again ooo, guy don turn traveller and philanthropist

20 Likes

mightyhaze: 7:09am On Dec 12, 2024
SalamRushdie:
For context of we start paying you $500k a day today it would take you 3000 years to catch up with Elon's wealth...
Start first ..I wan check sth

8 Likes 1 Share

Zooposki(f): 7:16am On Dec 12, 2024
NSNO:


One question, did he do anything immoral to accumulate his wealth?

NSNO(m): 7:31am On Dec 12, 2024
idahme:


Gates no send any body again ooo, guy don turn traveller and philanthropist

Gates na my role model. No arrogance, no pride. Oga is just using his money to try and solve problems.

17 Likes 1 Share

NSNO(m): 7:34am On Dec 12, 2024
[quote author=Zooposki post=133261575][/quote]

First off, I don't trust a random screenshot. Second, is wealth by marriage illegal?
Goodlyhrt(m): 7:48am On Dec 12, 2024
MaziX:
Elon my boy
help me sef make I be your boy too 🙏
Ekeletu: 9:40am On Dec 12, 2024
Wow!
Does this mean that he is richer than Nigerian politicians?

ATEAMS: 9:40am On Dec 12, 2024
Damn
SEGLIZ: 9:40am On Dec 12, 2024
too sure.

na this one Yórùbá people dey call ibú owó, ibú oró. bowel of wealth.

4 Likes 1 Share

Seniorwriter(m): 9:40am On Dec 12, 2024
Doings


Seniorwriter
Enoch07: 9:40am On Dec 12, 2024
Enjoy
GrammarNazi1(m): 9:40am On Dec 12, 2024
press9jatv:
Soon Elon musk net worth will hit $1tr. Elon musk is diligent in his work .
Elon Musk's net...
Starships4u(m): 9:40am On Dec 12, 2024
This Niggur ain't stopping....
helinues: 9:41am On Dec 12, 2024
Na so
ecomjourney: 9:42am On Dec 12, 2024
Now playing Rich NIggaz - J COLE

3 Likes 2 Shares

Prudoh(m): 9:43am On Dec 12, 2024
Lord I want this vanity upon vanity 😂🙏

7 Likes

ecomalchemistt(m): 9:43am On Dec 12, 2024
Okay, make you sef buy my Baseus powerbanks so I go be like Elon musk.

Check my sig for more details , wholesale and retail deals available.

We deliver Nationwide via GIG logistics.

(1) Reply)

Dangote Refinery Exports Jet Fuel To Europe

(Go Up)

Sections: How To . 24
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or s on Nairaland.