Tech
Elon Musk Hits Milestones As Most-Followed X User With 204.2 M, Net Worth Hits $300 Billion
Elon Musk is now the most-followed user on X. Hitting a net worth of $300 Billion recently, he's also likely to become the world's first trillionaire soon.
In a remarkable demonstration of his expanding digital influence, Elon Musk has achieved an unprecedented milestone on X (formerly Twitter), becoming the platform’s most followed user with an impressive 204.2 million followers. This achievement comes just months after he crossed the 200 million follower mark in October 2023, a fitting capstone to his two-year tenure as owner of the platform he acquired for $44 billion. But that’s not all!
From Tech Visionary to Potential Trillionaire
The SpaceX founder and Tesla CEO’s influence extends far beyond social media metrics. According to projections from Informa Connect Academy, Elon Musk is poised to make history as the world’s first trillionaire by 2027. His meteoric rise in wealth has been nothing short of extraordinary – from a relatively modest $28.5 billion in early 2020 to a staggering net worth of approximately $304 billion today, as reported by Forbes’ Real-Time Billionaires list.
Tesla’s Surge and SpaceX’s Stellar Growth
Much of Musk’s financial ascent can be attributed to Tesla’s remarkable performance during and after the Covid-19 pandemic. The electric vehicle manufacturer’s stock witnessed an explosive growth trajectory, jumping from around $30 per share in January 2020 to nearly $300 per share by January 2021. This surge, combined with SpaceX’s estimated valuation of $82 billion, has solidified Musk’s position as the world’s wealthiest individual.
Future Horizons: Earth and Beyond
SpaceX continues to play a pivotal role in Musk’s expanding empire, with its ambitious Mars colonization plans gaining political support. The company’s successful NASA partnerships and ongoing space missions have not only advanced humanity’s space exploration capabilities but have also contributed significantly to Musk’s growing financial portfolio, making him the only individual globally to surpass the $300 billion wealth threshold.