$348 billion of Elon Musk's wealth - a new financial peak

pvt_key_collector · 2026-02-05T12:06:24+00:00

Elon Musk's net worth has reached an unprecedented $348 billion, surpassing his previous record. This growth stems from soaring Tesla stock prices and a successful funding round for his AI startup xAI, highlighting his financial dominance in the technology sector.

pvt_key_collector

2026-02-05 12:06:24

Abstract generation in progress

Elon Musk’s wealth has reached an unprecedented level of $348 billion, according to the latest data from the Bloomberg Billionaires Index. This achievement surpasses the previous record held by Tesla’s CEO in 2021, which was $340.4 billion. The increase in wealth is the result of two main factors: a spectacular rise in Tesla’s stock price and a successful funding round for xAI, Musk’s artificial intelligence startup, which was valued at $50 billion.

Tesla Stock Surge and AI Investments Drive Elon Musk’s Momentum

Last Friday, Tesla shares closed at $352.56, a key factor accelerating the growth of Musk’s wealth. The increase in Tesla’s stock value was a direct consequence of the U.S. presidential elections and related market shifts. In addition to Tesla’s stock appreciation, a significant impact was also made by the successful funding round for xAI, highlighting Musk’s strategic commitment to the artificial intelligence sector and strengthening his financial position.

Record-Breaking Wealth Growth and Comparisons with Competitors

Since the beginning of 2025, Elon Musk’s wealth has increased by $118 billion, positioning him in a much stronger financial position than Amazon founder Jeff Bezos — a difference of $129 billion in favor of Musk. This double achievement — both an absolute wealth record and breaking the gap with Bezos — underscores Tesla’s CEO’s dominant position in global wealth rankings. Musk’s personal fortune even exceeds the market value of the cloud computing giant Salesforce, which was around $327 billion at the close of last Friday.

Financial Significance of the New Wealth Record for Markets

Elon Musk’s record-breaking wealth reflects not only the billionaire’s personal fortune but also the overall increased importance of the tech sector in global markets. Musk’s wealth growth is closely linked to market expectations regarding the future direction of U.S. technology policy. Musk’s position as the world’s wealthiest person consolidates his influence on both the tech industry and public discussions about the future of artificial intelligence and renewable energy.

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