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
The highest-paid players in the NBA

The highest-paid players in the NBA

The NBA is the pinnacle of the basketball world. The biggest stars gather in the 30-team league, but who earns the most in the National Basketball Association? Flashscore finds out. NBA contracts come in many shapes and forms. The most expensive of all is the supermax extension, given only after a veteran player meets certain conditions, such as winning the NBA MVP Award, the Defensive Player of the Year Award, or being named to an All-NBA team in their most recent season. The evolution of the


O A

Cardi B Drops Pregnancy Hint at Charlotte Tour Stop

Cardi B Drops Pregnancy Hint at Charlotte Tour Stop

Cardi B is drawing renewed attention as her “Little Miss Drama” tour moves through the United States, with a recent stop in Charlotte sparking a surge of online conversation. During the performance, she shifted seamlessly between music and banter, engaging the crowd with off-the-cuff commentary about relationships and personal preferences. A brief pause mid-set quickly became the night’s defining moment, captured and widely shared across social media. “Hold on, let me stop,” she said, before ad


O A

Dubai’s Iconic ‘Burj Al Arab’ Set for 18-Month Renovation

Dubai’s Iconic ‘Burj Al Arab’ Set for 18-Month Renovation

The iconic Burj Al Arab in Dubai is expected to temporarily shut its doors for an extensive 18-month refurbishment, marking the first major upgrade since the luxury hotel opened in 1999. A staff member confirmed on Wednesday that the sail-shaped hotel will close during the renovation period, although its owner, Jumeirah Group, had earlier stated that the upgrade would be carried out in phases without explicitly confirming a full shutdown. According to the company, the redesign project will be


O A

SZA Denies Report of Six Figures Pay to Be Justin Bieber’s Coachella Backup

SZA Denies Report of Six Figures Pay to Be Justin Bieber’s Coachella Backup

At the Coachella Valley Music and Arts Festival, attention has largely centered on the placement and compensation of its headline acts. Justin Bieber reportedly commanded one of the highest fees of the weekend at around $10 million. That figure alone made any talk of a withdrawal seem unlikely. However, festivals of this scale routinely prepare for last-minute contingencies. In this case, online conversation filled that uncertainty gap and turned quickly toward speculation about possible substi


O A