“Money Can’t Buy Happiness”: Elon Musk’s Emotional Post Is Raising Eyebrows
Elon Musk’s net worth rose above $800 billion after SpaceX completed its acquisition of his artificial intelligence company, xAI, according to a report cited by The Times of India.
Following what the outlet described as an $84 billion one-day increase in his personal fortune, Musk posted on his social platform X: “Whoever said ‘money can’t buy happiness’ really knew what they were talking about.”
A Billionaire’s Quiet Reflection
The deal valued the combined SpaceX-xAI entity at $1.25 trillion, The Times of India reported. Musk holds a 43% stake in the merged company, which the outlet said is valued at about $542 billion. Musk also holds about 12% of Tesla, a stake The Times of India said is worth $178 billion, along with stock options it valued at $124 billion.
The merger follows another consolidation involving Musk’s businesses last year, when xAI combined with X, formerly known as Twitter, the outlet reported.
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