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
Wendy Williams Documentaries From Netflix & Peacock Coming Soon

Wendy Williams Documentaries From Netflix & Peacock Coming Soon

Two streaming giants may soon offer competing portraits of Wendy Williams, the former daytime television host whose career made her one of the most recognizable voices in American entertainment. Netflix and Peacock are reportedly developing separate documentaries about Williams, according to The Sun. Neither company has confirmed the projects publicly. Still, reports suggest both productions are moving forward as interest in Williams’ career and personal life persists. Peacock and Netflix Are


O A

FIFA fires back at effort to undermine Infantino as leadership crisis deepens

FIFA fires back at effort to undermine Infantino as leadership crisis deepens

FIFA on Saturday warned against what it called a "concerted and ongoing effort" to undermine President Gianni Infantino, saying ⁠attempts to challenge his leadership must follow the governing body's statutes and democratic procedures. The statement came amid an increasingly bitter standoff over Infantino's leadership following ‌the collapse of his proposal to raise about $4.2 billion by selling a stake in the commercial rights ‌of the World Cup and other tournaments. The plan triggered critici


O A

Judge Dismisses Tory Lanez & Wife Raina Chassagne’s Divorce Case

Judge Dismisses Tory Lanez & Wife Raina Chassagne’s Divorce Case

A Los Angeles judge has dismissed the divorce case filed by Raina Chassagne against incarcerated singer Tory Lanez, ending the proceeding without a final judgment on the couple’s marriage. The court dismissed the case after finding insufficient activity to move the proceeding toward a final judgment, according to court documents obtained by TMZ. The dismissal does not establish that Chassagne and Lanez reconciled. Chassagne filed for divorce in June 2024, less than a year after marrying Lanez,


O A

Gauff & Rybakina book spots in Toronto last 16, Andreeva stunned by Fernandez

Gauff & Rybakina book spots in Toronto last 16, Andreeva stunned by Fernandez

Reigning Australian Open champion Elena Rybakina advanced to the fourth round of the WTA 1000 tournament in Toronto on Friday while French Open winner Mirra Andreeva was eliminated by Canada's Leylah Fernandez. World number two Rybakina from Kazakhstan defeated American 28th seed Ann Li 6-2, 7-5 in 90 minutes, winning five of six break chances while saving two of four against her. Rybakina, who also won the 2022 Wimbledon title, advanced to a last-16 meeting with the winner of a later match be


O A