Elon Musk just made history, again. The Tesla and SpaceX titan has officially reclaimed the title of richest person in the world, with a jaw-dropping net worth of $342 billion—the highest ever recorded by Forbes.
And if you’re wondering how he pulled that off in just one year, look no further than one key factor: President Donald J. Trump’s America First economic comeback.
Musk’s wealth has ballooned by a staggering 75% since last year’s Forbes ranking, when he trailed behind French fashion baron Bernard Arnault. In 2024, Musk was “only” worth $195 billion. But in the 12 months since, his portfolio rocketed higher—led by a massive surge in SpaceX and Tesla stock.
Why? Because under Trump, the federal government is no longer strangling innovation. It’s rewarding it. SpaceX is now the lifeline for NASA’s operations and the backbone of America’s return to space supremacy.
And don’t forget: Musk’s cozy working relationship with Trump—cemented by his leadership role in the newly created Department of Government Efficiency (DOGE)—has positioned him to thrive in the one place Big Tech usually fears: Washington, D.C.
Here’s what’s critical for investors: For the first time ever, SpaceX—not Tesla—is now the biggest contributor to Musk’s wealth. That’s your cue.
SpaceX has become essential to American national security, space exploration, and even transportation logistics. It’s not just a tech company—it’s a government contractor with a sky-high ceiling (literally).
Tesla still plays a huge role, but as climate zealotry fades and practical, American-made energy returns to the forefront, it’s clear Musk’s space empire is the crown jewel. Investors should keep a close eye on defense-adjacent tech, space infrastructure, and logistics companies that are riding the same trajectory.
Last year’s crown-holder Bernard Arnault—who made his fortune selling luxury handbags to the global elite—fell to fifth place after a drop in demand for LVMH goods. Musk, meanwhile, built wealth by making things that actually matter—like rockets, vehicles, and the infrastructure of the future.
Let’s be blunt: This is what winning looks like in a Trump economy.
When we stop bowing to ESG nonsense and start investing in real American ingenuity, billionaires like Musk aren’t anomalies—they’re the byproduct of policies that put our country first.
Musk’s net worth now stands at nearly double Arnault’s ($178 billion), and he holds a $100 billion lead over second-place Mark Zuckerberg. Unless something massive shifts, he’s likely to remain the king of the capitalist mountain for the foreseeable future.
Sure, there’s a coordinated leftist campaign to boycott Tesla and smear Musk’s involvement in politics. But so far, it’s not denting his rocket ship of a stock price. Why? Because investors know where the momentum is.
The market’s message is clear: Bet on the builders. Bet on the doers. Bet on America.
And right now, nobody embodies that more than Elon Musk—who is building the infrastructure of our future, with the full backing of a government that’s finally working for the American people.
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