You all might have heard the name of "Elon Musk", The CEO of the electric car brand Tesla and rocket manufacturing company Space X. Recently, Musk's net worth surged by 33.8 billion dollars to 304.2 billion dollars in just one day. Undoubtedly, the year 2023 started with a bang for Elon Musk.
This is one of the biggest jumps the world has ever witnessed in a single day. Well, speaking of the reason behind this huge and sudden surge in his wealth, Musk's net worth is very closely associated with his company Tesla. He is the co-founder and long-time CEO of the world's most valuable electrical vehicle manufacturer Tesla.
On Monday, Tesla's shares spiked by 13.5 percent (to $1,199.78), Musk holds about 18 percent of the Tesla shares, obviously, his net worth was increased due to the sudden spike of Tesla stocks.
Tesla Incorporation reported that it had broken its previous record for vehicle deliveries which resulted in spiking the shares of Tesla and hence created the biggest single-day jump in the history of wealth.
But this is not the first time Elon made such a huge profit through Tesla. Similarly in the year 2021, Musk had made a profit of about $25 billion in a single day after the value of Tesla shares surged by 20 percent, and therefore at that time Elon Musk's fortune also multiplied to $174 billion. He gained $121 billion in his net worth in the year 2021 This is what we call "making whopping money! Isn't it?
Apart from Tesla, Elon Musk is also a Founder and CEO of Space X, an American aerospace manufacturer. SpaceX also highly contributes to building Musk's fortune. He founded the rocket company before he started investing in Tesla.
According to the popular Bloomberg Millioners Index, Elon Musk has once again surpassed Jeff Bezos, CEO of Amazon. Jeff Bezos is now 2nd on the list of richest people in the world with a net worth of $196 billion.
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