Elon musk is nearing £300 billion fortune, set to become the richest person in history


Share this post

Thanks to a big car order from Hertz, Tesla's market cap has surpasses £1 trillion on Monday, subsequently Elon Musk has become the richest person on the planet.

Forbes estimates Musk's net worth to £271.3 billion, thanks to a 13% jump in Tesla's stocks and an additional 16 million new stock ooptions, worth $16.1 billion.

https://twitter.com/IGN/status/1453798982044594181?s=20

It took Tesla 12 years to get to this mark after its first public offering, making it the second-fastest company to reach $1 trillion, following Facebook, which took nine years. Tesla has also surpassed Facebook—which is down to $927 billion—on Monday.

Musk’s net worth is largely due to his 21 percent stake in Tesla, which he helped launch almost 20 years ago.


Share this post
Comments

Be the first to know

Join our community and get notified about upcoming stories

Subscribing...
You've been subscribed!
Something went wrong
JAŸ-Z & Rick Rubin Premiere JAŸ-Z In 8 at the Metropolitan Opera House

JAŸ-Z & Rick Rubin Premiere JAŸ-Z In 8 at the Metropolitan Opera House

The upcoming HBO documentary series brought out Leonardo DiCaprio, SZA, Daniel Kaluuya, DJ Khaled, Fat Joe and more ahead of its September 18 debut. JAŸ-Z celebrated the upcoming release of his highly anticipated HBO documentary series JAŸ-Z In 8 with a star-studded world premiere at New York City’s Metropolitan Opera House. On Sunday evening, Sept. 13, the artist, entrepreneur and philanthropist joined longtime friend, producer and director Rick Rubin at Lincoln Center for the premiere of the


O A

New York Giants Stun Dallas Cowboys 28-20 In Season Opener

New York Giants Stun Dallas Cowboys 28-20 In Season Opener

In an electric Sunday Night Football battle at MetLife Stadium, the New York Giants defeated the division-rival Dallas Cowboys 28-20.  The victory marked a triumphant debut for head coach John Harbaugh, who took the field wearing an NYPD cap in the first half and an FDNY hat in the second, visually grounding his team in the local legacy.  Quarterback Jaxson Dart led New York’s offense with three touchdown passes—two to Isaiah Likely and one to Devin Singletary. Cam Skattebo  also scored a shor


O A

Kevin Durant Wants To Compete For His 5th Olympics Gold Medal

Kevin Durant Wants To Compete For His 5th Olympics Gold Medal

Kevin Durant wants a shot at his fifth gold medal at the 2026 Summer Olympics in Los Angeles. In a recent interview, the basketball superstar shared how he’s looking forward to competing in the upcoming Olympiad. “It’s just fun, man,” Durant told The Athletic. “It’s an incredible time. You get to travel the world. I don’t know if we’re gonna get to travel the world with it being in the States, but the last few years, we would go to Dubai, Abu Dhabi, Paris, London, Canary Islands, Madrid … being


O A

Elena Rybakina triumphs at US Open to capture first US Open title

Elena Rybakina triumphs at US Open to capture first US Open title

Elena Rybakina denied Aryna Sabalenka a third straight US Open title on Saturday, punctuating her rise to number one in the world with a 6-4, 5-7, 6-2 victory over the player she's replacing at the summit. Rybakina, already assured of supplanting Sabalenka atop the rankings by reaching the semi-finals in New York, triumphed 6-4, 5-7, 6-2 to claim her third Grand Slam title. She won her first at Wimbledon in 2022 and beat Sabalenka in the Australian Open title to claim her second in January. "


O A