Musk wealth soars after U.S. election

Elon Musk’s companies have surged in value
by $613m since the U.S. election in November.
Musk’s net worth now stands at $397bn –
an increase of more than 50% – reflecting
the billionaire’s unprecedented
political power
U.S. election
2024

SURGING VALUE: Elon Musk net worth ($bn)

Tesla: Shares peak in Dec –
fallen by 25% to $1.17tn since

SpaceX: Becomes world’s most
valuable tech startup in Nov ($350bn)

xAI: Musk’s AI startup receives funding
boosts – doubling implied value

X (formerly Twitter): In talks to raise $44bn –
original purchase price – to relieve platform’s debts

100
200
300
400
500
150
250
350
450

Mar
Jun
Sep
Dec
2023
Mar
Jun
Sep
Dec
2024
2025

Source: Bloomberg
Picture: Getty Images
© GRAPHIC NEWS