How Much Is Elon Musk Worth After SpaceX's FCC Deal Step?

Elon Musk is worth about $919 billion, according to Forbes' real-time billionaires data. That figure comes after SpaceX was reported to have cleared a step with the Federal Communications Commission in an $8 billion deal. His fortune is up about $28.3 billion today, and he ranks No. 1 on the billionaires list.

What did SpaceX clear with the FCC?

SpaceX cleared an FCC step in an $8 billion deal, Billionaires.Africa reported. The outlet's report frames the development as a regulatory milestone for the company, which is one of the two main sources of Musk's wealth. Further terms of the transaction were not given in the headline.

How much is Elon Musk worth now?

Musk's net worth is about $919 billion, according to Forbes' real-time billionaires data. That reflects a gain of roughly $28.3 billion in today's trading session. No specific cause for the daily move has been reported, and no link between the gain and the SpaceX news has been reported either.

What is Elon Musk's fortune built on?

Musk's wealth comes mainly from Tesla and SpaceX, according to Forbes. The U.S.-based entrepreneur is classed in the technology industry. His two core holdings are:

• Tesla, the electric-vehicle maker
• SpaceX, the rocket and satellite company at the center of the $8 billion deal reported by Billionaires.Africa