Elon Musk's Net Worth Sets New Records

Elon Musk took another massive step towards becoming the world’s first trillionaire, reports Forbes. Earlier this month, SpaceX announced a competitive bid, valuing the company at $800 billion, up from $400 billion in August, according to two investors in the firm.

This increase in valuation added $168 billion to Musk's fortune, bringing him to approximately $677 billion. Musk is now the first person in history to have a net worth of $600 billion or more.