Elon Musk has never been richer. He’s now worth nearly $350 billion | CNN Business

New York CNN  — 

The aftermath of the 2024 US presidential election has been a boon to Elon Musk.

The richest person in the world got even richer Friday, with Musk’s net worth hitting a record $347.8 billion, Bloomberg reported. That beats his previous record set in November 2021, when the Tesla founder’s net worth exceeded $340 billion, according to the Bloomberg Billionaires Index.

Shares of Tesla have rallied since the November 5 election and climbed 3.8% on Friday. Since Election Day, the stock has risen about 40% on investors’ belief that Musk’s influence in

→ Continue reading at CNN - Business News

More from author

Related posts

Advertisment

Latest posts

Enten tries out McDonald’s cheaper value meal | CNN Business

McDonalds unveiled the “McValue” menu, a new, budget-friendly category that will roll out at US restaurants on January 7, 2025. The popular $5 meal...

I’ve Spent 20 Years Studying Focus. Here’s How I Use AI to Multiply My Time and Save 21 Weeks of Work a Year

Opinions expressed by Entrepreneur contributors are their own. Your time is worth $50, $100 or even $200 an hour. Then why is...

Trump’s safe Treasury pick suggests he doesn’t want to rock the boat on Wall Street | CNN Business

CNN  —  President-elect Donald Trump’s Treasury secretary pick stands in stark contrast to some of the more controversial...