Elon Musk Is Now The Richest Man In The World

Elon Musk Is Now The Richest Man In The World Due To Tesla Surges To Record High

Tesla‘s stock (TSLA) is flooding today to again another record high, and it just made Elon Musk the wealthiest man on the planet.

Tesla’s stock is up over 6% today, proceeding with the company’s memorable sudden spike in the stock market and pushing to new highs over $800 per share.

Following Tesla closing 2020 strong and furthermore beginning 2021 strong on the stock market, the new surge today is adding many billions to the company’s valuation.

Tesla is presently worth over $750 billion, as per the stock market. Tesla’s surge in stock price is sending Elon Musk’s fortune to over $190 billion — outperforming Jeff Bezos’ total assets and making Tesla’s CEO the new most richest man on the planet, as per most billionaire trackers.

At $800 per share, every tranche could be worth over $6 billion, expanding Musk’s lead as the richest man on the planet.

Besides, Musk’s stake in Tesla is the solitary away from of his total assets since it is the only public company that he is a major investor in.

He likewise possesses significant stakes in SpaceX, The Boring Company, and Neuralink, which are largely privately owned businesses, and their valuations are less clear.

SpaceX is the biggest company of the three, and it is assessed to be worth near $100 billion, with Musk claiming as much as 45% of the organization.

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Cedric Brian Regis

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