Elon Musk's net worth tops $400 billion, a first for any person. Here's where he gets his wealth.
CBSN
Tesla CEO Elon Musk has become the first person to top a net worth of $400 billion, according to Bloomberg News.
Musk's wealth, which was last counted at $384 billion by the Bloomberg Billionaires Index, jumped after an insider share sale of SpaceX, the space exploration company that he founded. According to Bloomberg, the sale boosted Musk's net worth by about $50 billion, bringing his current net worth to $429.2 billion.
The world's second wealthiest person, Jeff Bezos, is worth $244 billion, Bloomberg Billionaires Index shows.
CBS News spoke with more than a dozen people with knowledge of events at Mar-a-Lago in the weeks between Election Day and Inauguration Day. They requested anonymity to share accounts of what was going on at the president-elect's Florida resort ahead of his second presidential term.
Washington — President-elect Donald Trump said he plans to visit the greater Los Angeles area, probably at the end of next week, after he's sworn into office.
President-elect Donald Trump launched his own cryptocurrency on Friday, sparking a feverish buying that apparently sent its market capitalization soaring to several billion dollars.
Bird flu was detected in a commercial poultry flock in Georgia for the first time since the current outbreak started in 2022, officials announced on Friday.
When Ray Kohn started feeling pain in his knees and elbows in 2015, he attributed it to his work as a stunt driver and mechanic.
How will history assess President Biden?
Washington — The incoming Trump administration is planning to ramp up operations to arrest unauthorized immigrants across major U.S. cities next week after President-elect Donald Trump takes office, targeting "sanctuary" jurisdictions that limit cooperation with federal immigration officials, two sources familiar with the plans tell CBS News.
Driven by "curiosity," a U.S. Navy corpsman attempted to access President Biden's medical records last year following a group discussion with his colleagues about military security protocols for using government computers, according to the federal criminal investigation obtained by CBS News.
Attorneys for the Biden administration said Friday they would seek to challenge a court loss last year that could pave the way for the Trump administration to ban the use of fluoride in water.
A 26-year-old man from Washington state went missing in Oregon while climbing one of the most treacherous mountains in the U.S., authorities said Friday.
TikTok could soon go dark in the U.S. as a result of the Supreme Court on Friday upholding a law banning the app unless it is sold by its China-based parent company. If that happens, small businesses and content creators whose livelihoods depend on the social media platform would be wiped out along with the app.
Washington — A federal appeals court on Friday declared the Deferred Action for Childhood Arrivals immigration policy unlawful, casting a cloud of certainty over more than half a million unauthorized immigrants brought to the U.S. as children ahead of President-elect Donald Trump's inauguration.
Washington — The Supreme Court on Friday agreed to take up a dispute over whether a Maryland school district violated parents' religious rights when it declined to allow them to opt their elementary school children out of instruction involving storybooks about gender and sexuality.
Unrivaled, the U.S. basketball league co-founded by WNBA stars Breanna Stewart and Napheesa Collier, is ready for its closeup.
The Federal Aviation Administration has ordered SpaceX to carry out a formal investigation into the breakup of its Starship rocket during a test flight Thursday that sent a spectacular shower of flaming debris plummeting back to Earth, the agency announced Friday.
The owner of a hotel in Orlando's tourist district has reached an agreement with the Justice Department after the agency sued alleging discrimination when the resort canceled a planned conference for an Arab American group in the weeks after the attack which triggered the war in Gaza.
University of South Carolina head women's basketball coach Dawn Staley just became the highest-paid coach in women's college basketball after she signed an extension to stay with the team.
Although some major political figures will notably be absent from President-elect Donald Trump's inauguration on Monday, some of the world's most prominent business leaders are scheduled to attend his swearing-in.