Elon Musk's net worth reached $300 billion after Tesla's market value surged past $1 trillion, driven by a rally following Donald Trump's election win. This increase in Tesla's stock boosted Musk's wealth by $13 billion,

Elon Musk’s net worth had surged past $300 billion as of Friday afternoon, according to Forbes’ real-time billionaire tracker, marking a $13 billion jump amid a bullish day in the markets. The financial milestone comes as Musk’s growing ties to President-elect Donald Trump appear to be paying dividends — both for his wealth and his business empire — while raising questions about potentially vast conflicts of interest.