New Delhi: The net worth of Elon Musk has witnessed a massive surge after the merger of SpaceX and artificial intelligence firms. According to the reports Musks wealth has risen to approximately USD 852 billion making him USD 578 billion richer than the world’s second-richest person Google co-founder Larry Page. Larry Page’s net worth is estimated at around USD 281 billion.
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As per the reports the merger has taken the company’s overall valuation to USD 1.25 trillion resulting in an increase of around USD 84 billion in Musks wealth. Prior to the merger Musk held nearly 42 percent stake in SpaceX which was valued at USD 800 billion.
Here are some of the key details:
Elon Musks stake in the artificial intelligence firm was 49 percent with a valuation of USD 250 billion.
After the merger Musks shareholding in the combined entity stood at 43 percent valued at USD 542 billion.
SpaceX has now become Musk’s largest holding company.
Musk owns around 12 percent stake in Tesla valued at approximately USD 178 billion.
Musk holds Tesla stock options worth about USD 124 billion.
Over the past four months he has set multiple new wealth records becoming the only individual to cross the $500 billion $600 billion and then $700 billion net worth milestones.
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