The post AI, Tesla, DOGE: Here’s how Elon Musk’s bold bets are reshaping his $300bn empire appeared on BitcoinEthereumNews.com.

Elon Musk’s net worth recently surpassed $334 billion, thanks to the US Elections, a surge in Tesla’s valuation, and high-risk innovative AI investments. 2024 is working well for Musk as his wealth has climbed by more than $70 billion since 2023. Amid an array of revenue streams and changing markets, Musk is possibly hinting at early-stage investments. Musk has made early-stage bets Elon Musk has accumulated the most wealth than any individual in history. In the past week, his net worth surpassed $334.3 billion, as per Forbes. Musk has added close to $70 billion to his wealth as he hints at investments that have a return of 20,000% over the years.  Elon Musk reposted financial commentator Jon Erlichman’s list of most successful early-stage investments. The list includes major names like Bitcoin, Tesla, Nvidia, and other tech and retail giants. Musk has exposure to the first 3—Bitcoin, AI, and Tesla. $5,000 investments that are worth +$1 million: Bitcoin: 9 yrs agoNvidia: 10 yrs agoTesla: 14 yrs agoNetflix: 16 yrs agoApple: 20 yrs agoAmazon: 22 yrs agoStarbucks: 32 yrs agoMicrosoft: 33 yrs agoCostco: 35 yrs agoNike: 37 yrs agoWalmart: 40 yrs agoDisney: 50 yrs ago — Jon Erlichman (@JonErlichman) November 26, 2024 Tesla’s spike in valuation, AI initiatives, and the US elections are the major drivers of Musk’s wealth this year. After all, Musk has also made an early bet on Trump. Since 2023, Musk has expanded his footing in the AI industry with a 54% stake in xAI. As per Forbes, the current valuation of the company is reportedly $50 billion. However, a closer look at his wealth creation strategies indicates a direct connection between AI and risk investment. Musk founded xAI in 2023 addressing the wave of generative AI solutions. It was built with the focus to make AI more…

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Filed under: News - @ November 26, 2024 10:24 pm