Rocketing Tesla shares make Elon Musk the world’s richest man
The force behind Tesla and SpaceX is now worth $194.8bn, with more than 80% of that added in the past year
08 January 2021 - 08:03
Elon Musk, world’s richest person. A statement that seemed outlandish one year ago became plausible, then almost inevitable as Tesla’s share price climbed higher and higher in 2020.
On Thursday it finally happened. Shares in the maker of electric vehicles surged 7.9%, boosting Musk past Amazon.com founder Jeff Bezos on the Bloomberg Billionaires Index, a ranking of the world’s 500 wealthiest people. Musk is worth $194.8bn, or $9.5bn more than Bezos, whose Blue Origin is a rival to Musk’s Space Exploration Technologies, or SpaceX, in the private space race...
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