Elon Musk's unprecedented net worth of $442 billion marks him as the first person in history to surpass the $400 billion milestone, driven by soaring valuations of Tesla and SpaceX.
Significant boosts from SpaceX's valuation rise to approximately $350 billion and Tesla's solid market performance post-Q3 2024 earnings have propelled Musk's fortunes.
With over 128 successful missions launched this year, SpaceX continues to lead the industry, focusing on advancements in flight reusability and expanding its operational dominance.
Tesla, valued at around $1.315 trillion, stands as the world's top automaker, bolstered by its success with the Model Y and the highly anticipated Cybertruck.
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