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Elon Musk Gains $19 Billion In 3 Days

Elon Musk Gains $19 Billion In 3 Days

Elon Musk Gains $19 Billion In 3 Days

  • Tesla CEO, Elon Musk gained $19 billion in the last 3 days to see his fortune move to $194 billion

  • The social businessman has now closed the gap between him and Jeff Bezos to $4 billion

  • Musk’s wealth increase is down to increase in the price of Tesla stocks by 8.6%

Tesla Technoking, Elon Musk cannot stop making headlines thanks to his influence and wealth.

Elon Musk
Elon Musk

The billionaire who had a wealth valuation of only $175 billion only last week Saturday, has seen his wealth jump to $194 billion.

The controversial businessman is now within $4 billion of Jeff Bezos’s fortune.

Bezos in comparison gained only $1 billion within that time frame, adding to his previous valuation of $197 billion.

Musk’s wealth jump has been put down to an increase in the price of Tesla shares.

According to Market Watch, Tesla shares reached 8 weeks high of $762.32 after an 8.6% increase.

Tesla Elon Musk

Read also: Musk expects Tesla to be bigger than Apple in a few months

The increase is believed to have been caused by positive comments about the stocks by analysts.

According to Nairametrics, Tesla delivered 184,800 new cars in the first quarter of 2021, exceeding Wall Street expectations.

Tesla is currently the most valuable automobile company, with a market cap of $593.8 billion.

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