Elon Musk net worth increases $36 billion in 1 day

goatmane

Veteran
Joined
Jan 26, 2017
Messages
16,824
Reputation
2,636
Daps
114,941
Elon Musk made $36 billion in a single day on Tesla’s historic stock surge
Published: Oct. 26, 2021 at 4:21 a.m. ET
By
Barbara Kollmeyer
7
Tesla boss’s wealth beats GDP of several countries and lots of companies
im-423476

(FILES) In this file photo Elon Musk, founder of SpaceX, speaks during the Satellite 2020 at the Washington Convention Center on March 9, 2020.
BRENDAN SMIALOWSKI/AGENCE FRANCE-PRESSE/GETTY IMAGES
Referenced Symbols



Thanks to a rental-car company that at one point went bankrupt, Elon Musk is now worth a mind-boggling $289 billion.

The personal wealth of Tesla’s TSLA, -0.63% chief executive officer shot up by $36.2 billion on Monday, according to the Bloomberg Billionaire Index. He’s now comfortably ahead of Amazon AMZN, +1.68% CEO Jeff Bezos’s $193 billion wealth pile, that dropped by $751 million on Monday as shares of the e-commerce giant fell 0.5%.

Even combining the wealth of Microsoft MSFT, +0.64% co-founder Bill Gates and Facebook FB, -3.92% boss Mark Zuckeberg doesn’t touch Musk’s money pile — their combined wealth is $257 billion.

Tesla’s valuation surged past $1 trillion on Monday, with the stock closing at a record high of $1,024.86 after Hertz HTZ, announced plans to order 100,000 Tesla vehicles and a Morgan Stanley analyst lifted his forecast on the auto maker.

Hertz emerged from bankruptcy this summer, after filing more than a year ago due to the pandemic.

As for Musk, his one-day wealth gain surpassed that of gross domestic products for entire countries, including Estonia, Latvia and Bolivia.

He’s also dominating rival auto makers of course.
 

Json

Superstar
Joined
Nov 21, 2017
Messages
13,377
Reputation
1,547
Daps
40,937
Reppin
Central VA
I thank God for brilliant men like Elon Musk. He's gonna make alot of people rich and save the fukking planet in the process. That fukking great in my book.

One day he'll be president and save us from ourselves i hope.
Thank god Obama used government funds to invest in this man’s private business. We helped him to get where he is today so I hope he returns the favor!
 

Hiphoplives4eva

Solid Gold Dashikis
Supporter
Joined
Apr 30, 2012
Messages
42,423
Reputation
3,811
Daps
152,107
Reppin
black love, unity, and music
Thank god Obama used government funds to invest in this man’s private business. We helped him to get where he is today so I hope he returns the favor!
Please GTFOH. Elon nearly went bankrupt and the US government told him to kick rocks. Made him have to go to the saudis and even the chinese for money. The US government could have partnered with TSLA from jump like Japan supported toyota, but now these pussies want to take all the credit for his great achievements.

As a long time stock holder, i've long watched him struggle to build this great company, many of it caused by the US GOVERNMENT. FOH with this empty bullshyt.
 
Joined
Apr 30, 2012
Messages
87,320
Reputation
9,750
Daps
235,744
I thank God for brilliant men like Elon Musk. He's gonna make alot of people rich and save the fukking planet in the process. That fukking great in my book.

One day he'll be president and save us from ourselves i hope.
You were literally just in another thread saying c00n this, c00n that, fakkit c00n (in a discussion about Obama), and yet here you are falling over yourself for this white man.

Have some self-respect you clown ass nxgga.

:hubie:
 

Hawaiian Punch

umop-apisdn
Supporter
Joined
Apr 30, 2012
Messages
18,697
Reputation
6,728
Daps
81,636
Reppin
The I in Team
What does that even mean to be worth $36 billion more in a day when you already worth $200 plus billion? At certain levels or wealth it doesn’t even matter anymore. There no more material things to buy, no cars, women or anything. It just becomes random ones and zeroes. At that level of wealth I’d do random things like invest a billion dollars into O-block to save them kids from Durk clones and the crash test dummies, or build a futuristic city in Montana or some shyt.
 

Hiphoplives4eva

Solid Gold Dashikis
Supporter
Joined
Apr 30, 2012
Messages
42,423
Reputation
3,811
Daps
152,107
Reppin
black love, unity, and music
What does that even mean to be worth $36 billion more in a day when you already worth $200 plus billion? At certain levels or wealth it doesn’t even matter anymore. There no more material things to buy, no cars, women or anything. It just becomes random ones and zeroes. At that level of wealth I’d do random things like invest a billion dollars into O-block to save them kids from Durk clones and the crash test dummies, or build a futuristic city in Montana or some shyt.

again, he's literally using his money to restructure the power grid, revolutionize transportation, and get us into space. WTF. He's well beyond buying luxury baubbles and trinkets. Hell he even sold ass his mansions and luxury assets a few years ago due to financial struggles and keeping TSLA afloat.

Again, Musk is driven like no other man ive ever seen at this point.
 

Hawaiian Punch

umop-apisdn
Supporter
Joined
Apr 30, 2012
Messages
18,697
Reputation
6,728
Daps
81,636
Reppin
The I in Team
again, he's literally using his money to restructure the power grid, revolutionize transportation, and get us into space. WTF. He's well beyond buying luxury baubbles and trinkets. Hell he even sold ass his mansions and luxury assets a few years ago due to financial struggles and keeping TSLA afloat.

Again, Musk is driven like no other man ive ever seen at this point.


I’m not mad. shyt I’m trying to cop me a Tesla.
 

Mr. Togo

All Star
Joined
Dec 7, 2014
Messages
1,329
Reputation
-960
Daps
3,082
Reppin
Google
I dislike Elon Musk only because internet nerds worship him :yeshrug:

Jeff Bezos still the goat rich white man
 
Top