Musk is now $578 billion richer than Google co-founder Larry Page, the world's second-wealthiest person, who is estimated to be worth $281 billion.

Musk owns a 12% stake in Tesla, worth $178 billion, along with stock options of $124 billion.

Elon Musk has reached a new milestone in wealth, becoming the first person ever to be worth $800 billion, reported Forbes. This record came after his rocket company SpaceX acquired his artificial intelligence and social media company, xAI.

The merger has boosted Musk’s fortune by $84 billion, taking it to an estimated $852 billion, according to Forbes.

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