ELON Musk has hit a new milestone as he is now wealthier than Amazon founder Jeff Bezos and Meta CEO Mark Zuckerberg combined.
With a jaw-dropping fortune of $474billion, Musk isn’t just the richest person alive but he’s also paving the way to becoming the world’s first trillionaire.
ReutersElon Musk is getting one step closer to becoming the world’s first trillionaire[/caption] APThe Tesla boss has become richer than Amazon founder Jeff Bezos (pictured)[/caption] APBezos’s $251 billion fortuned combined with Mark Zuckerberg’s (pictured) $221billion net worth still falls $2billion short than Musk’s[/caption]Bezos‘s net worth stands at $251 billion, while Zuckerberg‘s is $221billion.
Together, the tech moguls’ combined wealth still falls $2billion short of Musk’s, according to the Bloomberg Billionaires Index.
Much of the X boss’ fortune comes from Tesla, the world’s most valuable car company, which has seen its stock skyrocket recently.
Tesla’s market value now sits at $1.36 trillion, with Musk owning a 12% stake.
This surge has been fuelled by strong demand for electric vehicles and advancements in artificial intelligence, both areas where Musk is a leader.
His other companies are also big contributors.
SpaceX, his private space exploration company, is worth $210 billion thanks to government contracts and successful satellite launches.
The Tesla chief also founded xAI, an artificial intelligence startup, which is valued at $50 billion.
Even his tunneling company, The Boring Company, is valued at nearly $6 billion.
In comparison, Bezos’ wealth largely depends on Amazon’s stock, which has grown more slowly.
Zuck’s wealth comes from Meta (the parent company of Facebook, Instagram, and WhatsApp), which has gained value through investments in artificial intelligence and augmented reality.
Musk isn’t just dominating business—he’s also making waves in politics.
After spending $277 million to support Republican candidates, including President-elect Donald Trump, Musk has been chosen to lead a new government advisory group called the “Department of Government Efficiency” (DOGE).
The group will work with the White House to improve government operations.
However, some people are worried about potential conflicts of interest as Musk’s companies, including Tesla and SpaceX, rely on government contracts, Newsweek reports.
APMusk has grown increasingly close to President-elect Donald Trump and will now lead a new government advisory group under the Trump administration[/caption] GettyThe tech mogul, pictured at a Trump Vance rally, also spent $277 million to support Republican candidates[/caption]Elon Musk could become the world’s first trillionaire as Tesla’s stock has surged 84% since November, and analysts believe its value could keep climbing.
“If SpaceX and xAI were public companies, their market value would probably double,” said Gene Munster, an investment expert.
Dan Ives, a tech analyst at Wedbush Securities, said Musk’s focus on AI and robotics is a major reason for Tesla’s growth.
He explained: “The next few years could change everything for Tesla and Musk’s other companies.”
With a fortune growing faster than ever, Musk’s climb to $1 trillion no longer seems impossible.
Whether or not he reaches that milestone, his influence in tech, business, and now politics, continues to grow.
For now, the world is watching as the tech mogul keeps setting records and reshaping industries.
Is Elon now the most powerful man in the world?
by Juliana Cruz Lima, Foreign News Reporter
ELON Musk’s staggering $474 billion net worth doesn’t just make him the richest person on Earth — it also positions him as arguably the most powerful.
His influence spans industries, from electric vehicles and space exploration to artificial intelligence and social media.
But is wealth alone enough to claim the title of the world’s most powerful man?
Musk’s control over Tesla, SpaceX, and xAI gives him unparalleled economic reach.
Tesla alone drives the global EV market, while SpaceX dominates the private space industry with government contracts and cutting-edge technology.
His ventures have shaped entire industries, with Tesla’s stock performance even impacting broader market trends.
Musk’s $277 million investment in the Republican Party and his appointment to lead the “Department of Government Efficiency” signal his growing role in shaping public policy.
His close ties to the incoming U.S. administration amplify his influence, though they also raise questions about potential conflicts of interest.
As the owner of X (formerly Twitter), Musk controls a major platform for public discourse.
His tweets alone have the power to move markets and sway public opinion, adding a cultural dimension to his economic and political clout.
While Musk’s wealth and influence are unmatched, his growing political role could backfire if conflicts of interest emerge.
Some of his ventures, like X, have faced setbacks, with the platform losing significant value under his leadership.
Elon Musk’s unprecedented combination of wealth, innovation, and political sway certainly makes him one of the most powerful figures in the world.
Whether he’s the most powerful depends on how his influence continues to evolve — particularly as he balances his business empire with his new political responsibilities.
For now, Musk can be seen as a force unlike any other in modern history.
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