While the world crashes and burn, Elon Musk just reached an unprecedented levels of wealth.
Following the announcement that the rental car company Hertz was set to add a fleet of 100,000 Tesla vehicles, Tesla’s stock skyrocketed, surpassing $1 trillion in market value for the first time at over $1,000 per share.
Tesla now joins an elite club including Apple – which rises above the rest at $2.5 trillion – as well as Microsoft, Google’s parent company Alphabet, and Amazon.
Consequently, Musk’s own net worth reached record heights. At $255.2 billion, Forbes said, Musk could very well likely be “the richest person to ever walk the planet”.
Your updated Bloomberg Billionaires Index #ElonMusk #Tesla pic.twitter.com/dwCIRlHgJA
— James Pethokoukis (@JimPethokoukis) October 26, 2021
Musk’s net worth is largely due to his 21 per cent stake in Tesla, which he helped launch almost 20 years ago.
He’s also…