- Elon Musk
By SCM Correspondent SUN CITY
ELON MUSK has officially blasted off into a financial stratosphere of his own—becoming the first person in history to be worth a staggering $800 billion.
The tech tycoon’s bank balance hit the warp-speed milestone yesterday after his rocket firm SpaceX swallowed up his artificial intelligence start-up xAI in a deal that has sent shockwaves through the City.
According to the latest Forbes data, the merger values the combined “super-company” at a mind-blowing $1.25 trillion (£910bn). The move added an instant $84 billion to Musk’s personal fortune, taking his total net worth to a record $852 billion.
The Great Space Merger
The deal, which Musk announced on Monday, sees the world’s most successful private rocket company join forces with xAI—the firm behind the cheeky “Grok” chatbot and the social media platform X.
Insiders say the eccentric billionaire, 54, plans to build “orbital data centres” in space to power his AI models, using Starlink satellites to dodge the massive electricity costs of running servers on Earth.
