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
Norris wins thrilling Dutch Grand Prix ahead of Antonelli and Russell

Norris wins thrilling Dutch Grand Prix ahead of Antonelli and Russell

Formula 1 world champion Lando Norris stormed to victory in a thrilling Dutch Grand Prix on Sunday, sealing back-to-back wins in a race marred by a huge crash for local hero Max Verstappen. The Briton started on pole and managed to come out on top of a sensational three-way battle with current title leader Kimi Antonelli and seven-time world champion Lewis Hamilton. Norris crossed the line 11.54 seconds ahead of Antonelli in second place and claimed a memorable hat-trick for McLaren at the Dut


O A

LeBron Launches Golf Channel On YouTube

LeBron Launches Golf Channel On YouTube

LeBron James is expanding his digital empire into fairways and greens with the launch of a dedicated golf-focused YouTube channel.  Known for his relentlessly competitive drive, James has embraced golf as his newest athletic obsession, framing the sport as a grueling personal challenge that keeps his competitive fire burning away from the hardwood.  Rather than relying strictly on standard sports commentary, his channel offers fans a vlog-style, behind-the-scenes look at his journey to master


O A

Netflix Lands Wu-Tang Clan’s Secret $2 Million Dollar Album “The Disciple: A Wu-Tang Fable”Documentary

Netflix Lands Wu-Tang Clan’s Secret $2 Million Dollar Album “The Disciple: A Wu-Tang Fable”Documentary

Netflix is bringing a rare chapter of legendary hip-hop group Wu-Tang Clan’s history to screens with “The Disciple: A Wu-Tang Fable.” Directed by Oscar-winning filmmaker Joanna Natasegara, the documentary explores the making of “Once Upon a Time in Shaolin.” The 31-track project challenged the traditional rules of hip-hop releases. View this post on Instagram A post shared by Wu Tang Clan (@wutangclan) Only one physical copy of the album was produced. In 2015, that copy sold at auction


O A

Serena Williams & Carlos Alcaraz to team up at US Open for mixed doubles

Serena Williams & Carlos Alcaraz to team up at US Open for mixed doubles

Serena Williams will ⁠make a competitive return to ‌the US Open alongside ‌defending men's champion ‌Carlos Alcaraz in ‌the mixed doubles after ‌the pair were handed a ‌wildcard entry, tournament organisers ⁠said on Saturday. It will be Williams' first competitive match at the US Open since 2022. ⁠The American 23-time Grand Slam singles champion and six-time US Open ‌winner won the mixed doubles title in 1998 with Max Mirnyi. World number one Aryna Sabalenka will partner Serbia's Novak Djokovi


O A