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
Britney Spears sells music catalogue rights in reported $200m deal

Britney Spears sells music catalogue rights in reported $200m deal

Britney Spears has reportedly sold the rights to her music catalogue. The catalogue includes hit songs like “…Baby One More Time” and “Oops!…I Did It Again,” according to US media reports. Celebrity website TMZ, citing legal documents, reported that the deal was signed on December 30. TMZ sources also estimated the deal could be worth about $200m, although the exact amount was not stated in the documents. Reports said the rights were bought by music publisher Primary Wave. Primary Wave’s po


O A

Pink to Guest Host The Kelly Clarkson Show

Pink to Guest Host The Kelly Clarkson Show

Pink is set to guest host The Kelly Clarkson Show in March, temporarily taking over the reins of the daytime talk show from her longtime friend. According to early details from network and entertainment reports, she will handle the opening monologue, celebrity interviews and at least one musical performance, effectively putting her own stamp on the established format. The booking comes as the show experiments with occasional guest hosts while keeping Kelly Clarkson as its primary face, a strate


B P

After Supreme Court Loss, Maxwell Looks to Washington for a Way Out

After Supreme Court Loss, Maxwell Looks to Washington for a Way Out

Ghislaine Maxwell is serving a 20‑year federal sentence for conspiring with Jeffrey Epstein to sexually abuse minors and is now trying to cut that term short through clemency and politics rather than further appeals. In 2021, a New York jury convicted Maxwell on sex‑trafficking and related counts tied to recruiting and grooming underage girls for Epstein over many years; she was sentenced in June 2022, with the judge calling her conduct “heinous and predatory.” Her direct appeals have effectiv


B P

Kim Kardashian and Lewis Hamilton Fuel “Situationship” Talk

Kim Kardashian and Lewis Hamilton Fuel “Situationship” Talk

Kim Kardashian and Formula 1 star Lewis Hamilton have added to ongoing dating rumors after being spotted together in a suite at Super Bowl LX in California. Photos and eyewitness accounts describe Hamilton watching the game near Kardashian and members of her circle, including Kendall Jenner, in a high‑profile box overlooking the field. Their Super Bowl appearance follows earlier reports that the pair spent time together in Paris, with some outlets characterizing the trip as “romantic” while sto


B P