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Elon Musk makes history by being the first to achieve a $400B net worth: Full list of his businesses

Musk's net worth increased by $58 billion on Wednesday when Forbes confirmed that SpaceX and its investors agreed to buy back executives' shares in a deal valued at $350 billion, as originally reported by Bloomberg.

Elon Musk co-founded seven companies, including Tesla, SpaceX, and xAI. Additionally, in 2022, Musk paid $44 billion for Twitter, which he renamed X. (File)

Tesla is no longer positioning itself primarily as a carmaker. Musk is steering it toward becoming an AI and robotics company, focused on robotaxis and humanoid machines rather than affordable electric vehicles (File)

Elon Musk, the richest person in the world, has made headlines once more, becoming the first person in history to have a net worth surpassing $400 billion, according to the Bloomberg Billionaires Index.

The Bloomberg Billionaires Index estimates Musk’s current net worth at $447 billion, representing a significant gain since the US presidential elections last month.

Following Musk, Amazon’s founder, Jeff Bezos, is the second richest with a net worth of $249 billion, followed by Mark Zuckerberg in third place with $224 billion.

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Larry Ellison is fourth with $198 billion, while Bernard Arnault rounds out the top five with $181 billion.

Must Read: Top 10 billionaires set to become trillionaires by 2030

According to Forbes, his assets—the most significant of which are Tesla, SpaceX, and xAI—are now projected to be worth $428 billion as of 2 p.m. Wednesday,

Musk’s net worth increased by $58 billion on Wednesday when Forbes confirmed that SpaceX and its investors agreed to buy back executives’ shares in a deal valued at $350 billion, as originally reported by Bloomberg.

At that figure, Musk’s estimated 42% share is worth $147 billion, up more than 60% from SpaceX’s previous tender offer, which valued the business at $210 billion earlier this year.

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Notably, the new valuation makes SpaceX the world’s most valuable private firm, surpassing TikTok parent ByteDance, ChatGPT developer OpenAI, and payments behemoth Stripe.

Full list of businesses owned by Elon Musk:

Elon Musk co-founded seven companies, including Tesla, SpaceX, and xAI. Additionally, in 2022, Musk paid $44 billion for Twitter, which he renamed X.

S. No.	Company	Industry
1	Zip2	Online Business Directory
2	PayPal	Online Payment Services
3	SpaceX	Aerospace and Space Transport
4	Tesla, Inc.	Electric Vehicles and Clean Energy
5	SolarCity	Solar Energy Services
6	Neuralink	Neurotechnology
7	The Boring Company	Infrastructure and Tunnel Construction
8	OpenAI	Artificial Intelligence Research
9	xAI	Artificial Intelligence
10	X (formerly Twitter)	Social Media Platform

Trump hikes H-1B visa fees to $100,000 a year in massive immigration overhaul

India35 min ago

President Trump has signed a proclamation increasing the H-1B visa fee to USD 100,000 per year in an effort to prevent abuse of the visa system. This will affect skilled Indian professionals, who make up the majority of H-1B visa recipients. The goal is to protect American workers while still allowing companies to hire qualified individuals.

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