Elon Musk Is On The Way To Become A Trillionaire Once Again

According to Tesla’s second quarter report, owning 13% of the shares and Elon Musk, whose personal wealth is directly tied to the value of the company, is on his way to becoming a trillionaire once again.

Today one of the richest in the world According to the Bloomberg Billionaires Index, Musk, who is known as one of the people, added to his wealth again with the movement of the market.

The Tesla and SpaceX chief currently has a net worth of $255 billion, according to the Bloomberg Billionaires Index.

According to the data in the second quarter earnings report, Tesla generated $ 25 billion in revenue. Considering that last year the company made $16.9 billion, It can be said that company revenues have increased by 50%.

Shares have surpassed $290 this week, bringing their market cap to over $900 billion.

This number obtained 13% of Elon Musk personal wealth is inextricably linked to the company’s stock market performance. The stock’s remarkable recovery in 2023 may be related to the rise of productive artificial intelligence that has revived the entire stock market this year.

In this rise Musk’s personal wealth making him the world’s only quarter trillionaire.