Elon Musk's net worth hits all-time high

Elon Musk just can’t seem to stop breaking his own records. With  a $70 billion boost to his net worth following Donald Trump’s win, Musk is now officially richer than anyone could have predicted.

Tesla’s stock is soaring, his AI company xAI is skyrocketing, and the billionaire’s net worth is climbing thanks to his multiple ventures and growing political influence.

On November 22, reports indicated that his net worth surpassed $340 billion, according to the Bloomberg Billionaires Index.

Many believed that Elon Musk's influence within the Trump administration could lead to favourable regulations for Tesla.

As the company’s largest shareholder, the Space X CEO’s net worth surged by an estimated $83 billion in the aftermath of the election. On the other hand, the President-elect, impressed by Elon Musk’s efficiency and financial success, has placed him at the helm of the 'Department of Government Efficiency (DOGE),' named after a memecoin.