Elon Musk, CEO of Tesla, SpaceX and X, has seen his wealth reach $749 billion, making him the first person in history to surpass the $700 billion mark in personal wealth.
Forbes reported that the rise in Tesla’s share price, the restoration of a $139 billion compensation package, and new government contracts played key roles in the surge. According to Bloomberg, Tesla’s stock gains added approximately $50 billion to Musk’s wealth in a single day.
This unprecedented level of wealth has sparked widespread reactions and renewed debates over economic inequality around the world.
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