Forbes magazine revealed that Elon Musk has become the first person ever to reach a net worth of $600 billion, following reports indicating that his startup SpaceX is likely to go public at a valuation of $800 billion.
Reuters had previously reported that Musk, who was the first to surpass a net worth of $500 billion in October, owns a stake of around 42 percent in SpaceX, which is preparing for an initial public offering next year.
According to Forbes, SpaceX’s valuation could boost Musk’s wealth by $168 billion to around $677 billion.
