Reported about 1 month ago
Elon Musk saw a significant increase of $33.5 billion in his wealth as Tesla's shares soared 22%, marking the largest gain in over a decade. This rise followed Tesla's announcement of its biggest quarterly profit since 2023, amidst a forecast for 30% growth in vehicle sales next year. Musk's fortune now stands at $270.3 billion, substantially ahead of Jeff Bezos, with most of his wealth tied to Tesla and other ventures. He is also actively supporting Republican presidential candidate Donald Trump and has outlined plans for future autonomous vehicle developments.
Source: YAHOO