Tech magnate Elon Musk's personal wealth has reached staggering new heights, exceeding the combined market capitalization of three leading cryptocurrency projects - Tether, Solana, and XRP.
Recent Bloomberg data shows Musk's net worth hitting $439.2 billion, powered by a SpaceX insider share transaction. This figure towers over the combined $385.8 billion market value of Tether ($139.7B), Solana ($109.7B), and XRP ($136.4B).
The comparison highlights the immense scale of Musk's wealth, theoretically sufficient to purchase every token of these three major crypto projects, though real-world liquidity constraints make such moves impractical. His fortune now stands just $30 billion shy of Ethereum's $479 billion market capitalization.
This wealth milestone follows a remarkable financial recovery since late 2022, buoyed by Tesla's stock surge and SpaceX's rising valuation. Tesla shares climbed approximately 65% as markets responded to potential policy changes around autonomous vehicles and tax incentives.
Adding to his expanding empire, Musk's artificial intelligence venture xAI has seen its value more than double since May. A recent SpaceX deal involving $1.25 billion in insider share sales pushed the company's valuation to nearly $350 billion, further boosting Musk's net worth.
The billionaire's influence extends beyond business into politics, with his support for Trump and his appointment as co-head of the Department of Government Efficiency (DOGE) marking his growing presence in Washington's corridors of power.