ELON Musk’s net worth increased by $24 billion to $335.1 billion on Monday. Tesla’s stock rose 8.5% in New York.
According to the Bloomberg Billionaires Index, it increased his wealth edge over Jeff Bezos of Amazon.com Inc. to $143 billion.
Tesla’s stock reached a record high of $1,208, valuing the company at $1.2 trillion and valuing Musk at $315 billion.
The South African-born tycoon is currently the wealthiest person in history, and he is at the ranks of other billionaires. Musk’s net worth increased to $306.4 billion, The most significant profit in a single day in the Bloomberg Billionaires Index’s history. On the other hand, net worth is primarily comprised of Tesla stock and options.
As a result, some analysts believe the automaker’s stock is expensive. Tesla’s shares increased by as much as 13%. It will move to upgrade the in technology. Elon Musk has surpassed Amazon CEO Jeff Bezos, who previously led the Bloomberg Billionaires Index by about $100 billion.
On Wednesday, Edward Luce, a writer residing in the United States, drew attention to comparing Elon Musk’s current net worth and Pakistan’s gross domestic product.
Tesla Inc’s stock topped following the news, boosting the company’s market capitalization past $1 trillion.
In other words, Musk Tesla is the first automobile manufacturer to join the elite club of trillion-dollar companies.
This club is comprised of Apple Inc, Amazon.com Inc, Microsoft Corp, and Alphabet Inc, which owns Google.
According to a Bloomberg analysis, Elon Musk’s personal wealth is projected to be as high as two-thirds of the value of the electric vehicle company .He co-founded in 2003.
Hertz recently made the world’s most significant and bigest order for electric vehicles, valued at approximately 4.2 billion dollars. Global output will increase in the.They plan to develop a giga factory in the future that will be the world’s largest and most environmentally friendly structure.