Elon Musk’s Net Worth Just Crossed $300 Billion For The First Time

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splits: 20

On January 1, 2020, Elon’s net worth was $28 billion.

On January 1, 2021, his net worth was $170 billion.

Precisely seven days in the past, Elon Musk’s net worth topped $250 billion for the primary time. On the time, that quantity felt newsworthy and memorable. However once you’re Elon Musk, rather a lot can occur to your fortune in every week. Do not consider me?

As of this writing, Elon Musk’s private fortune is…

$302 billion

When Elon’s net worth topped $250 billion every week in the past, it was the results of two main occasions:

1) On Monday of final week it was revealed that Elon’s privately-held area funding firm, SpaceX, had raised cash at a $100 billion valuation, up 10% from its earlier valuation.

2) On Thursday of final week Tesla’s market cap crossed $1 trillion for the primary time.

Quick ahead only one week and Tesla’s market cap is now $1.081 trillion.

At $302 billion, Elon is $104 billion richer than Jeff Bezos’ $198 billion net worth.

At $302 billion Elon is value greater than the market caps of the next corporations:

  • Netflix ($298b)
  • PayPal ($278b)
  • Exxon ($272b)
  • Nike ($260b)

Elon is $6 billion away from surpassing the complete worth of Walt Disney. Take into consideration that. Disney owns a half dozen theme parks around the globe, Disney+, ESPN, Fox, ABC, NatGeo, Marvel, Star Wars, The Muppets, The Pirates of the Caribbean and PIXAR!!! If Elon’s net worth will increase simply 2%, he’ll be value the identical as all these belongings mixed.

(Picture by ODD ANDERSEN/AFP by way of Getty Photographs)

When Tesla’s market cap crossed $1 trillion, it is inventory had risen above $890. As I sort this text, Tesla’s inventory is sitting at $1,077. That is a 20% achieve in every week.

This is a chart of TSLA over the past month:

Under is a chart of TSLA over the past 5 years.

As you possibly can see, I put two purple arrows on the chart. These arrows point out after I purchased and bought $10,000 value of Tesla shares 🙂

In the course of the interval between the arrows, I owned 33 shares of Tesla. I feel I barely made cash after I bought my shares.

In August 2020 Tesla did a 5-for-1 inventory break up. So had I caught with the funding, at that time my 5 shares would have turn out to be 165 shares.

At $1,077.27 per share, at present my 165 shares could be value…

$177,749.55

If solely I saved believing within the energy of Elon Musk!!!


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