Elon Musk Net Worth Update: The year 2024 has seen a surge in the wealth of Elon Musk, with an increase of 81.31 per cent seen in the Thursday, October 24, 2024 session alone.
Elon Musk Net Worth: Elon Musk added $30 billion to his net worth in a single day
The net worth of the world's richest billionaire Elon Musk has seen a jump of $33.5 billion in a single day, after which his wealth has reached $270 billion. This huge jump in the wealth of the company's CEO Elon Musk has been seen due to the strong rise in the stock of Elon Musk's electric vehicle manufacturing company Tesla after its excellent results.
According to the Bloomberg Billionaires Index, the net worth of 53-year-old Elon Musk increased by $33.5 billion in a single day and it has now come down to $270 billion. In the year 2024, Elon Musk's wealth has jumped by $41.1 billion. That is, in the year 2024, an 81.31 percent jump in Elon Musk's wealth was seen in the session of Thursday 24 October 2024 alone. While Elon Musk's total net worth has increased by 15 percent in a single day. Elon Musk has a 13 percent stake in Tesla. This is the first time since May 2013 that such a big jump has been seen in Tesla's stock. Tesla launched its IPO in the year 2010.
After the year 2023, the biggest increase in Tesla's profits has happened in the last quarter. Elon Musk has projected a 30 percent increase in the sales of his vehicles in the next year 2025. He said that Cybertruck has made a profit for the company for the first time this quarter. Due to this, Tesla's stock jumped 22 percent, increasing Elon Musk's net worth by $ 33.5 billion in a single day. On Tesla's results, Elon Musk said that he hopes that Tesla will launch Cybercab and Robotaxis in 2026 and the company has set a target of making 2-4 million units. Elon Musk is in first place in the Bloomberg Billionaire Index. But Amazon's Jeff Bezos, who is in second place, is in second place with a net worth of $ 209 billion and there is a difference of $ 61 billion in the net worth of both.
About the Author:
Akshay Thakur
I'm Akshay Thakur, your fantasy sports secret weapon. 1000+ predictions across cricket, kabaddi, football, you name it - I crack the code of each game, crafting winning strategies like a seasoned alchemist. My analyses are your ultimate playbook, unveiling hidden gems and turning gut feelings into gold. Newbie or pro, I level up your game, transforming raw passion into league domination.
So, join me, unravel the wins, and paint your fantasy realm with victories. Remember, in this game, it's not just about luck, it's about having the right guide. And with me, you're unstoppable.