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Elon Musk, whose wealth has been turbocharged since President-elect Donald Trump’s win last month, became the first person to reach $400 billion in net worth, the latest milestone for the world’s richest individual. The most recent catalyst was an insider share sale of his privately held SpaceX, which boosted Musk’s net worth by roughly $50 billion, according to the Bloomberg Billionaires Index. Tesla Inc. shares also rallied to an all-time high Wednesday, pushing Musk’s fortune to $447 billion. Musk’s one-day wealth jump of $62.8 billion is the largest on record, and helped propel the combined fortunes of the world’s richest 500 people above $10 trillion, also for the first time, according to the index. The group’s net worths are similar in size to last year’s combined gross domestic products of Germany, Japan and Australia, according to data compiled by the World Bank. Musk has added about $218 billion to his net worth since the start of 2024, more than any other member of the group. Tesla shares, which make up the bulk of Musk’s fortune, have gained 71% this year and closed Wednesday at $424.77, their first record high since 2021. Expectations that Trump will streamline the rollout of self-driving cars and eliminate tax credits for electric vehicles that help the company’s competitors has helped buoy Tesla’s stock. Musk is also slated to occupy a key role in the new administration as co-head of the newly created Department of Government Efficiency. While it will work outside the government, it gives him a bully pulpit in Washington and a direct line to the Oval Office. Meanwhile, the value of his artificial intelligence startup, xAI, has more than doubled to $50 billion since it last raised money in May, with the Wall Street Journal reporting in November that Trump’s victory helped drive new interest. On Wednesday, SpaceX and its investors agreed to purchase $1.25 billion of shares from employees and other company insiders. The deal, which values the privately held space exploration firm at about $350 billion, makes SpaceX the most valuable private startup in the world. The company makes most of its money on contracts with the US government, and can likely depend on more support under a Trump administration. The president-elect lauded Musk’s vision of putting astronauts on Mars in campaign speeches, and joined Musk at a SpaceX launch in Texas shortly after the election. Jared Isaacman, Trump’s pick for NASA head, is a billionaire tech executive who made the first commercial spacewalk on a chartered SpaceX launch in September. He praised the company as “the most innovative, literally impressive organization that I’ve ever seen” last month after investing $27.5 million in SpaceX through his payments firm in 2021. Musk, 53, was handed a piece of bad news last week when a Delaware judge struck down his 2018 Tesla pay package, currently valued at more than $100 billion, for a second time. Tesla said it would appeal the decision, which Musk described as “absolute corruption” on X. Even if Musk’s compensation award is ultimately clawed back, he would still be the world’s richest person by a long shot.
Kim Kardashian displays legs in red fishnet stockings and chic power suit on set of Ryan Murphy show All's Fair Have YOU got a story? Email tips@dailymail.com By TERRY ZELLER FOR DAILYMAIL.COM Published: 19:16 GMT, 24 November 2024 | Updated: 19:48 GMT, 24 November 2024 e-mail 15 shares View comments Kim Kardashian turned heads with her serious 'sexy lawyer' energy in a stunning new look from the set of Ryan Murphy ’s highly anticipated series All’s Fair on Sunday. The 43-year-old reality star-turned-actress, who captivated audiences with her recent appearance on American Horror Story , was photographed in a chic white power suit that showcased her undeniable style. Kim flaunted her toned legs in bold red fishnet stockings, pairing the striking white ensemble with sleek, raven hair styled in Old Hollywood-inspired curls. She oozed movie star charisma as she shot scenes alongside co-star Niecy Nash. The series, which follows an all-female law firm, boasts a powerhouse cast, including Sarah Paulson , Naomi Watts , and Teyana Taylor. Kim is also reportedly serving as an executive producer on the upcoming drama. Kim Kardashian turned heads with her serious 'sexy lawyer' energy in a stunning new look from the set of Ryan Murphy ’s highly anticipated series All’s Fair on Sunday The 43-year-old reality star-turned-actress, who captivated audiences with her recent appearance on American Horror Story, was photographed in a chic white power suit that showcased her undeniable style and confidence; (pictured with Niecy Nash) Kim and Ryan first teamed up for American Horror Story: Delicate, which premiered on September 20, 2023. In this groundbreaking series, Kardashian took on her first major scripted role as Siobhan Walsh, a character facing the surreal and disquieting challenges of pregnancy. Read More Kim Kardashian poses with Naomi Watts, Glenn Close, Niecy Nash and Sarah Paulson on All's Fair set Following her performance in AHS, Kim signed on for Murphy's upcoming project, described as a high-end, glossy and sexy adult procedural called All's Fair. All's Fair was first announced in December, the first series under Murphy's new overall deal at Disney. The show will follow Kim playing the powerful divorce lawyer in Los Angeles , who runs a successful all-female law firm. All's Fair is created by Jon Robin Baitz (Brothers & Sisters, Feud: Capote Vs. The Swans) and Joe Baken. It's reportedly partly inspired by Kardashian's actual lawyer, Laura Wasser, who represented her in divorce proceedings with Kanye West and Kris Humphries. Halle Berry was forced to drop out of the show's A-list cast due to a scheduling conflict just days after her addition was confirmed. Kim is also reportedly serving as an executive producer on the upcoming drama Kim flaunted her toned legs in bold red fishnet stockings Kim and Niecy were dressed to impress for the scene Kim paired the striking white ensemble with sleek, raven hair styled in Old Hollywood-inspired curls The red crocodile bag was a chic touch She oozed movie star charisma as she shot scenes Kim and Ryan first teamed up for American Horror Story: Delicate, which premiered on September 20, 2023 Following her performance in AHS, Kim signed on for Murphy's upcoming project, described as a high-end, glossy and sexy adult procedural called All's Fair The show will follow Kim playing the powerful divorce lawyer in Los Angeles , who runs a successful all-female law firm She was also expected to be among the show's executive producers. Kardashian, her mother/manager Kris Jenner and Murphy will all executive produce with Baitz and Baken. Jamie Pachino, Laura Greene, and Richard Levine will also serve as writers and executive producers. Close also serves as an executive producer along with Alexis Martin Woodall, Eric Kovtun, and Scott Robertson. For Kardashian, stepping into the role of a lawyer feels particularly fitting, as she is actively pursuing a legal career in real life—having passed the baby bar exam last year, she is now preparing for the full bar exam. Kim's advocacy for criminal justice reform began in earnest in 2017 when she championed the cause of Alice Johnson, a woman serving a life sentence for a non-violent drug trafficking offense. Initially, Kardashian reached out to Ivanka Trump to bring attention to Johnson’s case. This advocacy culminated in a meeting with former President Donald Trump , where she passionately campaigned for Johnson's clemency. All's Fair is created by Jon Robin Baitz (Brothers & Sisters, Feud: Capote Vs. The Swans) and Joe Baken It's reportedly partly inspired by Kardashian's actual lawyer, Laura Wasser, who represented her in divorce proceedings with Kanye West and Kris Humphries Halle Berry was forced to drop out of the show's A-list cast due to a scheduling conflict just days after her addition was confirmed For Kardashian, stepping into the role of a lawyer feels particularly fitting, as she is actively pursuing a legal career in real life—having passed the baby bar exam last year, she is now preparing for the full bar exam Kim's advocacy for criminal justice reform began in earnest in 2017 when she championed the cause of Alice Johnson, a woman serving a life sentence for a non-violent drug trafficking offense Initially, Kardashian reached out to Ivanka Trump to bring attention to Johnson’s case This advocacy culminated in a meeting with former President Donald Trump , where she passionately campaigned for Johnson's clemency Through her ongoing efforts, Kardashian has established herself as a prominent voice in the movement for criminal justice reform, using her platform to raise awareness and effect change for those trapped in a flawed system In May 2022, during the inaugural season of her family’s Hulu show The Kardashians, Kim captured the moment she discovered she had passed the 'baby bar' law exam Niecy Nash is a versatile actress and comedian known for her standout roles in hit TV series like Reno 911! and Claws Niecy earned critical acclaim for her performances and is celebrated for her ability to tackle both dramatic and comedic roles with equal finesse Kardashian’s efforts paid off in June 2018 when Trump granted Johnson a pardon, leading to her release from prison after more than 20 years. Inspired by this success, Kardashian has since expanded her advocacy to include other individuals facing similar injustices, such as Kevin Cooper, who has been on death row for over three decades, and Julius Jones, a man wrongfully convicted of murder. Through her ongoing efforts, Kardashian has established herself as a prominent voice in the movement for criminal justice reform, using her platform to raise awareness and effect change for those trapped in a flawed system. In May 2022, during the inaugural season of her family’s Hulu show The Kardashians, Kim captured the moment she discovered she had passed the 'baby bar' law exam. Sitting in her car with her friend and publicist Tracy Romulus, Kardashian logged into her online account to check the results of her third attempt at the challenging test. The emotional revelation marked a significant milestone in her journey to becoming a lawyer, reflecting her determination and commitment to her legal education. 'Everyone told me this was the impossible way and there was no way I would ever pass this test, and I did,' she later said in an interview confessional. Share or comment on this article: Kim Kardashian displays legs in red fishnet stockings and chic power suit on set of Ryan Murphy show All's Fair e-mail 15 shares Add comment
President-elect Donald Trump has raised significant concerns about the increasing role of automation in U.S. workplaces, particularly its impact on job security for workers. In a candid post on Truth Social, Trump addressed the issue following a meeting with International Longshoremen's Association leaders, including President Harold Daggett. Trump argued that while automation may offer cost savings, these benefits do not outweigh the detrimental effects on workers, highlighting the vulnerability of longshoremen to technological advancements. (With inputs from agencies.)
Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Get our free Inside Washington email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Back in September, an X/Twitter account known as Autism Capital posted a screenshot of a written theory that appeared to be taken from 4Chan. The theory postulated that only "high [testostrone] alpha males" and "aneurotypical people" can think freely and be trusted to know what is objectively true. That means "a Republic for high-status males is best for decision making," the theory continued. Elon Musk, the X owner and Tesla executive, responded: "Interesting observation." Little wonder that Musk found such proclamations interesting. He has talked in public a number of times about having "Asperger's syndrome" (a term that fell out of favor as researchers learned the extent of Hans Asperger's collaboration with the Nazi regime's child euthanasia program and one that hasn't been used clinically since 2013.) The concept of "Aspie supremacy" — a term some disability rights advocates coined for the deeply problematic idea that people with autism spectrum disorder (ASD) who previously would be considered as having Asperger's are superior to both neurotypical people and other autistic people — has been around for a while. But it's gained traction in the past few years in some very online, very right-wing spaces. It is a comforting ideology for someone like Musk. Musk has talked in the past about his struggles misunderstanding social cues as a child. "I was bullied quite a lot, so I did not have a sort of happy childhood, to be frank," he said once. But he's also talked about the possible benefits of his autism, saying: "I think there's maybe some value, also from a technology standpoint, because I found it rewarding to spend all night programming computers just by myself." For... Eric GarciaAT&T Declares Dividends on Common and Preferred SharesNo. 5 UCLA snaps No. 1 South Carolina's 43-game win streakNone