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
WNBA Star A’ja Wilson Shares How Being With Bam Adebayo Is A Game Changer

WNBA Star A’ja Wilson Shares How Being With Bam Adebayo Is A Game Changer

A’ja Wilson and Bam Adebayo are basketball’s “Power Couple.” Since going public with their relationships last year, the two have been seen at each other’s games. Speaking with Vogue, Wilson expressed how connecting with Adebayo has been a game-changer for her life. ‘I’m in love. But I also have to credit Bam because he loves me properly. I think that doesn’t get talked about a lot,” Wilson said. “He loves me on my days when I don’t know if I love myself. “And he does it in a way that’s not lov


O A

Gauff outlasts Bencic to set up Miami semi-final clash with Karolina Muchova

Gauff outlasts Bencic to set up Miami semi-final clash with Karolina Muchova

Coco Gauff battled past Belinda Bencic to reach the semi-finals of the Miami Open for the first time on Tuesday with a gruelling 6-3, 1-6, 6-3 victory. Fourth seed Gauff had considered skipping Miami after being forced to pull out during the fourth round at Indian Wells with a left-arm injury. But the 22-year-old from Florida, who lives in nearby Delray Beach, was determined to play in what she considers to be her hometown tournament where she had never previously gone further than the last 16


O A

US accused of historic $1 billion immigration fee fraud

US accused of historic $1 billion immigration fee fraud

The United States government is facing criticism over claims it has collected more than $1 billion in immigration fees for services that have not been delivered, affecting applicants both within and outside the country. The allegation was raised by policy analyst David J. Bier during testimony before the Senate, where he argued that current immigration measures have halted the processing of applications while authorities continue to receive payments. “This is the largest fraud in the history o


O A

DaBaby Taps 50 Cent, Busta Rhymes, BigXThaPlug & More For First Annual “Be More Grateful Festival”

DaBaby Taps 50 Cent, Busta Rhymes, BigXThaPlug & More For First Annual “Be More Grateful Festival”

Charlotte rapper DaBaby is bringing hip-hop back to his home turf this summer with 50 Cent as one of the headliners at the Be More Grateful Festival.  It will pick up where J. Cole’s Dreamville festival left off with a major event set for the Charlotte area. The Grammy-nominated artist revealed the festival while preparing to launch his Be More Grateful Tour across the United States. View this post on Instagram A post shared by KIRK (@dababy) The festival will take place June 13 at Rout


O A