Musk's Wealth and X's Valuation Rebound

Elon Musk's wealth is primarily driven by his stakes in SpaceX, Tesla, and other ventures, with SpaceX's valuation at approximately $350 billion. Musk's social media platform X, formerly Twitter, has rebounded to its original purchase valuation of $44 billion, following a period when it was valued as low as $10 billion. This recovery is attributed to Musk's political alliances and strategic moves, including efforts to raise $2 billion in fresh capital. Musk's political interventions and changes in moderation policies at X have led to tensions with advertisers, resulting in legal actions against major companies. Despite these challenges, Musk maintains his position as the world's richest person with diverse investments in technology and media. Meanwhile, Tesla's stock decline has impacted Musk's net worth by 30% this year.