Musk's SpaceX Is Worth $400 Billion, xAI Worth $200 Billion
Briefly

Elon Musk's net worth is shifting as Tesla's stock struggles, falling from $436 to $315 while remaining up 204% over the past few years. Analysts believe Tesla must prove dominance in self-driving technology to regain stock value amidst competition. SpaceX's valuation has increased to $400 billion, driven by its leadership in space launches and satellite broadband. Musk holds 42% of SpaceX, valued at $168 billion. The merger of his X social media platform and AI venture xAI has raised questions about its valuation amid advertising pullback.
SpaceX's valuation has soared to $400 billion during a current financing round, up from $350 billion in December, making it the premier provider for space services.
Musk's ownership of SpaceX, at 42%, is valued at $168 billion, while his stake in the newly merged xAI, despite Twitter's struggles, reflects significant personal investment.
Read at 24/7 Wall St.
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