Elon Musk net worth now dwarfs Tether, Solana and XRP market caps combined ⋅ Crypto World Echo
Elon Musk's net value is now exceeding the combined stock market capitalizations of three of the five main crypto projects: Tether, Solana and XRP.
According to BloombergMusk's Holdings reached $ 439.2 billion after a sale of SpaceX initiates. Based on Cryptoslate Data, the current market capitalization of TETHER is nearly $ 139.7 billion, Solana at around $ 109.7 billion and XRP at around $ 136.4 billionPlacing their combined figure under the total of Musk.
Theoretically, Musk could buy each token for the three projects with room to lose. However, the liquidity of the net value of musk and the market makes it purely academic.
Musk only represents $ 30 billion in Ethereum market capitalization at $ 479 billion.
Musk's net value exceeded $ 400 billion following a turnaround since 2022.
Tesla's value has increased by around 65% since then, investors considering potential changes in autonomous vehicles and competing tax credits. The new artificial intelligence company of Musk, XAI, has more than doubled as an assessment since May, reflecting a broader interest in the market.
The recent SpaceX agreement for $ 1.25 billion in initiates increased the company's assessment nearly $ 350 billion, still raising Musk's fortune. Its influence in Washington also increases with its role as co-chief at the Ministry of Government efficiency (Doge.)
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