💨 Abstract

Elon Musk, a South Africa-born entrepreneur, has increased his lead as the world's richest person, with a net worth nearing $850 billion. This surge is driven by the soaring valuations of his companies: SpaceX (valued at $1.25 trillion), Tesla (worth over $190 billion with his 12% stake), and AI startup xAI (valued at $250 billion).

Courtesy: Garrin Lambley