The controversial founder of SpaceX and Tesla, also owner of X, Elon Muskthe richest man on the planet, is the first person to amass a fortune of more than $400 billion, the Bloomberg agency indicated.
Tesla’s share price has increased 65% since the election of Donald Trump in the United States, according to Bloomberg. The jump came after SpaceX and its investors agreed to buy $1.25 billion in (private) shares in a transaction that brings the value of the space company to about $350 billion.
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This transaction increased Musk’s personal fortune by about $50 billion to take it to $440 billion, always according to the Bloomberg agency.
Close to Trump, Musk was the main political donor in recent American history with more than $270 million during the last presidential campaign, according to data from the Federal Election Commission (FEC).
This figure is the largest to come from a single non-candidate donor, according to data from OpenSecrets, a nonprofit association that follows “money in politics and its effects on politics.”
Musk’s closeness to Trump raised concerns about possible conflicts of interest. The Republican will assume the presidency on January 20.
Musk will lead a commission in charge of cutting public spending to make the federal State more efficient.