TechFlow news, November 25 — According to the latest data from the Bloomberg Billionaires Index, Tesla CEO Elon Musk's net worth has reached $348 billion, surpassing his previous record of $340.4 billion set in 2021. So far this year, Musk’s wealth has increased by $118 billion, putting him $129 billion ahead of the second-richest person, Amazon founder Jeff Bezos.
This surge in wealth is primarily driven by Tesla's rising stock price, which closed at $352.56 last Friday, as well as a new round of funding for his artificial intelligence company xAI, which has achieved a valuation of $50 billion.
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