Elon Musk has officially become the richest person in the world, with a net worth of $439.2 billion. The surge in his wealth is driven by gains in his privately held SpaceX and the rise in Tesla's stock price. SpaceX's recent insider share sale increased its valuation to $350 billion, making it the world's most valuable private startup. Musk's political influence, as well as contracts with the US government, have also contributed to his success. His artificial intelligence startup, xAI, has seen increased valuation and investor interest. Despite legal battles and regulatory hurdles, Musk's dominance in business, technology, and politics continues to grow.



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