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
Harry Arrives at London Court as Legal Battle With Daily Mail Publisher Begins

Harry Arrives at London Court as Legal Battle With Daily Mail Publisher Begins

Prince Harry arrived Monday at London’s High Court for an anticipated nine-week trial into claims that a UK newspaper group unlawfully gathered information on him. In the last unresolved case after the British royal brought lawsuits against several UK newspaper publishers, Harry is jointly suing Associated Newspapers Ltd (ANL), the publisher of the Daily Mail and The Mail on Sunday tabloids. Harry, who is set to take the stand to give evidence on Thursday, entered the Royal Courts of Justice s


O A

39 die in High-speed train crash in Spain

39 die in High-speed train crash in Spain

A high-speed train has derailed and been hit by another in southern Spain killing at least 39 people and injuring more than 120, authorities said on Monday. It said the country’s worst train crash in over a decade was “extremely strange”. This was the deadliest train accident since 2013, when 80 people died after a train veered off a curved section of track outside the northwestern city of Santiago de Compostela. The crash happened on Sunday evening when a train operated by rail company Iryo


O A

Brooklyn Beckham Goes Public About Estrangement from His Parents​

Brooklyn Beckham Goes Public About Estrangement from His Parents​

David and Brooklyn Beckham’s relationship has drawn widespread attention after Brooklyn shared a lengthy Instagram statement explaining why he is currently estranged from his parents, David and Victoria Beckham, a moment widely covered in UK and US media including BBC’s report on his comments. In multiple Instagram Story slides, he alleged that his parents and their team have repeatedly gone to the press about his private life and tried to control the narrative around his relationship with his w


B P

J. Cole Raps about His Life in Reverse as He Prepares for ‘The Fall-Off’ Album Release

J. Cole Raps about His Life in Reverse as He Prepares for ‘The Fall-Off’ Album Release

J. Cole has set February 6 as the release date for his highly anticipated album ‘The Fall-Off,’ ending years of speculation. The announcement on Thursday arrived with a trailer that mirrors the 40-year-old rapper’s introspective and grounded persona. Filmed in muted tones, the trailer depicts Cole in two ordinary scenes: rinsing his car at a self-service wash and dining alone at a quiet diner counter. “Everything is supposed to go away eventually” a voice is heard speaking in the background o


O A