Elon Musk now worth almost $700 billion.

Dec 15 (Reuters) – Elon Musk on Monday became the first person ever worth $600 billion, Forbes said, ​on the heels of reports that his SpaceX (SPAX.PVT) ‌startup was likely to go public at a valuation of $800 billion.

Musk, who ‌was the first to surpass $500 billion in net worth in October, owns an estimated 42% stake in SpaceX, which is preparing to go public next year, Reuters reported ⁠last week.

The SpaceX valuation ‌would strengthen Musk’s wealth by $168 billion to an estimated $677 billion as of 12 p.m. ‍ET on Monday, according to Forbes.

MORE:

https://finance.yahoo.com/news/musks-net-worth-hits-600-202225085.html

Uh-oh! It looks like you're using an ad blocker.

Our website relies on ads and the generous support of readers like you to keep delivering free, high-quality content. Right now, we are facing serious funding challenges and we need your help more than ever. Disable your ad blocker and this message will vanish. You can also sign up for a membership to enjoy an ad-free experience while supporting our work: https://citizenwatchreport.com/plans/subscriptions/ Your support helps us stay independent, continue our work, and keep content free for everyone. We truly appreciate your understanding and thank you for standing with us.