ELON Musk may surpass Mark Zuckerberg as the third richest person in world as Tesla shares soar and his wealth surges by $15billion.
On Monday, the 49-year-old businessman’s net worth soared to around $117.5billion after Tesla’s stock exchange success and Musk was listed as the fourth wealthiest person behind Zuckerberg.
Elon Musk’s net worth soared to over $117billion, per reports
Musk may replace Facebook’s Mark Zuckerberg on the Billionaires’ List
Jeff Bezos of Amazon is ranked as the richest person in the world
Bill Gates is the second wealthiest person in the worldCredit
Tesla was selected to join the S&P 500 of leading companies in the United States on December 21, prompting a 13 percent jump in shares which had already soared by almost 500 percent so far this year.
Musk’s net worth to over $117billion, reports say, and he may now surpass Zuckerberg on the The Bloomberg Billionaires Index.
During after-hour trading on Monday, Tesla’s value soared with stocks closing at $408.09 and increasing about 14 percent by 6pm.
On Tuesday, Musk ($102billion) came after Zuckerberg ($106billion) on the Index, who follows Microsoft’s Bill Gates ($129billion), with Amazon’s Jeff Bezos listed as the richest person with $184billion.
The Tesla boss has enjoyed a wildly successful yearCredit: AP:Associated Press
Zuckerberg may be ousted from third placeCredit: AFP or licensors
Amazon mogul Bezos remains in the top slot with a net worth of $184billion
But Musk could soon surpass Zuckerberg on the list with the $15billion addition to his wallet after his fortune surged to $90billion this year.
But the S&P noted that Tesla’s inclusion on the S&P list won’t be easy “due to the large size of the addition,” reported CNBC.
“S&P Dow Jones Indices is seeking feedback through a consultation to the investment community to determine if Tesla should be added all at once on the rebalance effective date or in two separate tranches ending on the rebalance effective date,” it said.
Back in September, Tesla met the criteria to be included but the deciding committee said it didn’t make the cut.
Tesla didn’t make the cut for the S&P 500 companies in September but it will be added on December 21
While the pandemic raged, Musk’s rocket company SpaceX sent four astronauts into space during his wildly successful year.
The four-person craft took off from Florida’s Kennedy Space Center on Sunday night and docked on the ISS after a 27-hour journey.
SpaceX founder Musk could not attend liftoff due to a “moderate” case of Covid-19.
But his tweets two days before that “something extremely bogus” was going on with coronavirus testing earned him the moniker “Space Karen.”
“Was tested for covid four times today. Two tests came back negative, two came back positive,” he said. “Same machine, same test, same nurse. Rapid antigen test from BD.”
