Elon Musk’s Wealth Increased By 40 Billion In One Day Billionaire entrepreneur Elon Musk’s wealth has increased by 30 billion dollars (about 40 trillion 26 billion rupees) in one day. Musk’s wealth increased by 22 per cent in the shares of the electric vehicle manufacturer Tesla.
After the company released its third-quarter earnings on Thursday, Tesla’s total share price increased by $150 billion. In the earnings report released by the company, the gross margin was higher than expected. It is said that it has also increased the attraction of investors.
With the increase in Tesla’s share price, Musk’s total wealth has reached 270 billion dollars (about 362 trillion 42 billion rupees). Earlier, Musk’s wealth was declining. Jeff Bezos is second behind Musk with a net worth of $209 billion. Similarly, Mark Zuckerberg is in third place with $201 billion in assets.
13 per cent of Musk’s wealth is dependent on Tesla shares. He has 304 million shares in Tesla. In other words, Musk has assets equal to 123 billion dollars in Tesla.
After Tesla, Musk’s wealth depends on SpaceX. Musk owns 42 per cent of SpaceX. This is 80 billion dollars. Similarly, Musk has investments in ‘The Boring Company’, Neuralink, X, X AI.
