Billionaire Elon Musk’s Estimated Fortune Returns to $1 Trillion After $88 Billion Gain
Photo: TokenPost
Elon Musk’s estimated net worth rose to $1.013 trillion on Wednesday, Oct. 21, after SpaceX and Tesla shares climbed, putting him back above the threshold after a drop below it last week. His fortune increased by about $88 billion that day. SpaceX shares gained more than 10% after third-quarter results exceeded expectations, while Tesla shares rose more than 3%. Tesla was expected to report after market close Wednesday. Musk confirmed during a SpaceX earnings call Tuesday that the companies were considering a merger. He first crossed the $1 trillion mark on June 12, when SpaceX went public.
Source: TokenPost
