Elon Musk's net worth surged by around $167 billion (£124.4 billion) overnight to over $638 billion (£475.5 billion) last week after reports emerged that SpaceX could file for an initial public offering (IPO) at an estimated valuation of $800 billion (£596.3 billion).
This week, Musk's net worth climbed further to an astonishing $749 billion (£558.3 billion), according to the Forbes Real-Time Billionaires List. The recent surge is largely attributable to the Delaware Supreme Court reversing its earlier decision and ruling in favour of Musk receiving a $55 billion (£40.9 billion) pay package proposed by Tesla in 2018.
