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 Announces Anniversary Concerts In Paris And Los Angeles

JAŸ-Z Announces Anniversary Concerts In Paris And Los Angeles

JAŸ-Z announced Tuesday that he will extend his landmark 30th anniversary celebrations with new stadium performances scheduled for Paris and Los Angeles later this year.  The billionaire mogul is hitting the road to commemorate three decades since the release of his seminal debut album, “Reasonable Doubt,” which first hit shelves in 1996. The newly added dates include a performance at the Stade de France in Paris on Thursday, Sept. 10.  Following the European showcase, the Brooklyn-born artis


O A

Kai Cenat Announces Return to Twitch with “Streamer University 2”

Kai Cenat Announces Return to Twitch with “Streamer University 2”

Kai Cenat officially announced his return to the digital stage this week after a months-long hiatus that left the streaming community wondering if the star would ever go live again.  Cenat broke his silence by revealing the upcoming launch of “Streamer University 2,” a direct sequel to one of his most popular and high-rated content series.  The announcement arrived via a high-production, Harry Potter-inspired promotional trailer that signaled the end of Cenat’s inactivity in 2026. Prior to thi


O A

Snoop Dogg & Tupac Shakur Set To Appear In New Sega Video Game “Stranger Than Heaven”

Snoop Dogg & Tupac Shakur Set To Appear In New Sega Video Game “Stranger Than Heaven”

Hip-Hop is at the center of the anticipated Sega video game, Stranger Than Heaven, as it announced that Snoop Dogg and late rapper Tupac Shakur are set to appear. During Summer Game Fest, Ryu Ga Gotoku Studio announced that the two of amerikkka’s most wanted will appear in the upcoming video game. The reveal instantly became one of the event’s biggest talking points, especially after Snoop Dogg confirmed that Tupac Shakur’s estate had approved the likeness. According to the developers, Shakur


O A

Rihanna Trades in Her Pumas for Trendy Jacquemus x Nike Sneakers

Rihanna Trades in Her Pumas for Trendy Jacquemus x Nike Sneakers

Rihanna kept it low-key while stepping out in New York City on Sunday. The Fenty Beauty founder paired a casual look with the Jacquemus + Nike Moon Shoe sneakers, once again endorsing them as the shoe of the summer. She paired the chocolate-brown shoes with wide-leg jeans in a medium blue shade, a cream quarter-zip sweater, and a Burberry Kensington trench coat in honey beige. She topped the look off with a navy blue and burgundy Miu Miu Drill Baseball Cap and a chunky gold necklace. The Jacque


O A