Elon Musk Closes In On $800 Billion Net Worth After XAI’s Latest Funding Round

Elon Musk's net worth has increased to $780 billion following a significant funding round for his AI and social media company, xAI, which was valued at $250 billion. Private investors contributed $20 billion to xAI, boosting Musk's 49% stake by $62 billion to $122 billion. This surge in value places Musk on the brink of becoming the first person to reach an $800 billion net worth.