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Showing posts with the label ELON MUSK

Elon Musk now worth an estimated $749 Billion, widening his lead to nearly $500bn over world's second-richest Larry Page

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Elon Musk has set another historic milestone in global wealth rankings, becoming the first individual ever worth $700 billion just four days after crossing the $600 billion mark. The surge followed a ruling by the Delaware Supreme Court on Friday, which overturned a lower court decision that had voided a massive Tesla stock options award to Musk. In contrast, the second richest person in the world, Larry Page is worth an estimated $253 billion about half-trillion dollars less than Musk.   The restored package, now valued at about $139 billion, significantly boosted his net worth. With the successful appeal, Musk’s personal fortune has climbed to an unprecedented $749 billion, according to estimates. Tesla remains Musk’s most valuable asset, with his holdings valued at approximately $336 billion. His second-largest stake, a estimated 42 per cent share in SpaceX iss now worth just $2 billion less than Tesla following a private tender offer this month that valued the ...

Elon Musk's $1 Trillion Pay Package Approved by Tesla Shareholders¡

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Elon Musk is on his way to becoming the world's first trillionaire &   could secure a record $1 trillion (£761bn) pay package, the largest in corporate history after 75% of Tesla shareholders approved a new performance-based plan. To earn it, Musk must lead Tesla to produce 20 million vehicles and one million AI-powered robots over the next decade, while also boosting profits and naming a successor. __________________________ READ ALSO : Elon Musk now worth $500 Billion as he Takes the Spot as Richest Man on the Planet Once Again¡ __________________________ If all targets are met, his ownership could rise from 13% to nearly 29%. Musk , 54, already tops Forbes’ rich list with $493bn (£375bn) still short of history’s richest man, John D. Rockefeller , whose wealth in today’s terms was $630bn (£480bn) . Share this story

Elon Musk now worth $500 Billion as he Takes the Spot as Richest Man on the Planet Once Again¡

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Elon Musk achieved yet another major milestone Wednesday, becoming the first ever person worth $500 billion. The richest person on the planet is now worth $500 billion, as of Wednesday, 1st October, Musk, who became the first person ever worth $400 billion or more in December, is $150 billion ahead of runner-up of Oracle's Larry Ellison and half-way to becoming the world’s first trillionaire. Shares of Tesla climbed by nearly 4% Wednesday, adding an estimated $9.3 billion to Musk’s fortune, as investors continue to celebrate the prospect of a refocused Musk. The EV maker’s stock price has nearly doubled since Musk first announced on the company’s April earnings call that he would be stepping back from his role as head of President Trump’s Department of Government Efficiency (DOGE) to spend more time on Tesla.  With Tesla’s market cap back within 10% of the all-time high it hit in December, Musk’s 12% stake in the company is now worth $191 billion....

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