Elon Musk now boasts a net worth of $400 billion, making him the first person in history to ever hit that milestone.
The world’s richest person became even richer Wednesday after SpaceX and its investors agreed to buy $1.25 billion of insider shares, valuing the company at $350 billion, Bloomberg reported. The move ballooned the founder’s net worth by $50 billion, meaning he is now worth $439 billion, according to Bloomberg Billionaires Index.
