Latest news and articles about billionaire wealth
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Elon Musk’s SpaceX and xAI have merged in a deal that Forbes estimates added roughly $84 billion to his net worth, pushing him past the $800 billion threshold to a record level around $852 billion. The combined company is being valued privately at about $1.25 trillion, with Musk holding an estimated 43% stake, and is preparing for an eventual IPO and index inclusion that could unlock significant liquidity.