SpaceX’s Falcon 9 Rocket Achieves 400 Launches; Musk’s Net Worth Surges by $600 Billion “`

SpaceX’s Falcon 9 rocket achieved its 400th launch on November 28th, 2024, with 375 successful booster landings. SpaceX aims for over 150 launches in 2025.

First launched in 2010, the Falcon 9 achieved its first booster recovery in 2015. It became the first commercial rocket to orbit astronauts in 2020 and the most frequently launched rocket in the U.S. with the best safety record by 2022.

The Falcon 9 pioneered reusable first-stage boosters for liquid-fueled rockets, revolutionizing aerospace design through cost-effectiveness, multiple simultaneous launches, vertical recovery, reusability, and rapid iteration.

Elon Musk’s net worth increased by $600 billion in under a month, reaching approximately $2.52 trillion. This followed a roughly 40% rise in Tesla’s stock price since the November 5th U.S. presidential election, adding about $350 billion to its market capitalization.

Tesla’s stock surged 45% between November 4th and 22nd, with particularly strong gains (16% on November 6th, 2% on November 7th, and over 8% on November 8th) pushing its market cap back above $1 trillion and its share price above $320.

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