Elon Musk's fortune has skyrocketed to $334.3 billion, making him the world's richest person and $80 billion ahead of Larry Ellison.
Tesla stock gains after the US election boosted his wealth, with Musk's holdings in Tesla (13% worth $145 billion) and SpaceX (42% worth $210 billion) driving his fortune. SpaceX plans a tender offer in December, possibly adding $18 billion to his wealth. Musk also owns stakes in Neuralink, The Boring Company, and xAI, the latter valued at $50 billion. His net worth now breaks all Forbes records.