Tesla Elon Musk makes history His one day wealth gain billions american share market.
By Lokmat English Desk | Published: October 26, 2021 12:21 PM2021-10-26T12:21:31+5:302021-10-26T12:24:33+5:30
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Elon Musk, the owner of the electric car manufacturer Tesla and the richest man in the world, has made history. Elon Musk's wealth increased by Rs 2.71 lakh crore (36.2 billion) on Monday.
This is by far the largest increase in the wealth of any rich person in a single day. According to the Bloomberg Billionaires Index, Musk now has a net worth of 289 billion.
On Monday, electric car maker Tesla's market cap crossed the 1 trillion mark. Tesla is the sixth company in the United States to do so.
Shares of the company rose 14.9 percent to 1,045.02 on Monday. This is the 52-week high of the stock. The rise in the share price has led to an increase in Musk's wealth.
Hertz Global Holdings has placed an order for 100,000 cars, with Tesla receiving orders for 100,000 vehicles.
In Tesla, Musk has 2.3 percent share. His fortune has risen by Rs 2.71 lakh crore in one day due to the rise in shares.
In addition, Musk is a major shareholder and CEO of rocket maker SpaceX. According to a CNBC report, a private company valued at 100 billion in October secondary share sales. In 2021, Musk's wealth increased by 119 billion
Musk has a net worth of 289 billion, which is now more than the market value of Exxon Mobil Corp.
The Bloomberg Billionaires Index is the largest increase in history to date. Last year, Chinese billionaire Zhong Shanshan grew by ३२ 32 billion. He founded Nongfu Spring Co, a company that sells bottled water.
Tesla is the first car company to join the trillion-dollar company club. This includes Apple Inc, Amazon.com Inc, Microsoft Corp and Alphabet Inc so far.
