Elon Musk’s Net Worth Is Up $20 Billion Since March As Tesla Stock Roars

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Less than a decade ago, Elon Musk was worth $2.4 billion. Now he’s worth nearly 20 times that amount

. Globally, Musk is the 22nd-richest person in the world, moving up nine places and $21.7 billion in net worth sinceMusk first joined the ranks of the richest Americans in 2012, debuting on our list of400 wealthiest Americans at 190th place with a net worth of $2.4 billion. He’s now worth 19 times that amount — a stunning rise in just eight years. Musk’s enthusiastic followers continue to drive up Tesla’s stock price, despite that fact that it lags behind other automakers in scale.

Morgan Stanley analyst Adam Jonas warned clients in a research note on June 23 against valuing Tesla as a tech giant like Apple or Google,“one would have to consider significant inherent differences in Tesla’s business model and capital intensity.” Dan Ives of Wedbush Securities is more optimistic, praising Tesla’s “Teflon-like business model” for withstanding the pandemic.

 

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Congrats elonmusk ! Next step fully automated society!

Elon musk is unstoppable and he thinks too way smart

Elon musk is super duper, besides the inspiration u r live example I salute u sir 🌟

So you mean that less than a decade ago he was a poor man

Pretty awesome accomplishments.

I'm interested in what you are worth and how you use your profits to help people.

This is America hard work persistence ingenuity and a hughe mark for infrastructure

Yeah...But is he happy?

inflation?

Where did it all go wrong?

👌

He's the greatest scam artist that ever lived😉

He may be worth that, but he ain't got no cash, it's all invested. He's even selling his homes, probably pump the proceeds into SpaceX and/or Starlink 👍

So he doesn't deserve that?

Sick paper worth.

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