Elon Musk got 34 billion dollars in one day
Record sales of Tesla in the fourth quarter of 2021 sparked the enthusiasm of stock market investors.
On Monday, the share of the electric car manufacturer soared by over 13 percent. to nearly $ 1,200 a paper, which for Tesla founder Elon Musk meant a multi-billion leap. His fortune increased by nearly $ 34 billion in one day.
After Monday’s session, Musk, the leader of the Bloomberg Billionaires Index of the rich, had $ 304.2bn on his account. Amazon’s Jeff Bezos, second on the podium, was more than $ 108 billion worse.
Elon Musk’s net worth, which includes not only Tesla shares but also the holdings of the rocket manufacturer SpaceX, has soared to $ 340 billion last year, Bloomberg reminds. This meant that Musk was the richest man in modern history as he outranked John D. Rockefeller if his fortune was adjusted for inflation.
In September, the Commission filed a formal lawsuit against Musk, accusing him of “making false declarations that were misleading”. Musk reached a settlement with the Commission under which Tesla had to pay a $ 20 million fine, and the billionaire himself had to step down as Tesla CEO.
Additionally, the electric vehicle manufacturer had to appoint a special committee to monitor Musk’s communication activities.
In December 2019, the premiere of Cybertruck took place – the first and long-awaited pickup truck from the Tesla stable. Since the vehicle was publicly unveiled, Musk has been seen several times at the wheel of the vehicle, incl. during a trip with partner Grimes to the famous Nobu restaurant.
A month later, Musk was victorious in the courtroom. The jury verdict was cleared of libel against British diver Vernon Unsworth. The Briton sued the billionaire after Musk used the term “pedo guy” in his Twitter post.
In the summer of 2018, Unsworth was involved in an operation to free twelve boys and their trainer from a flooded cave in Thailand. Musk offered to participate in a rescue mission by creating a “mini submarine”. Unsworth dubbed the move a “PR play”, prompting Musk to post unfavorable comments on the diver on the twister.
Musk did not hide his opinion about the situation related to the coronavirus pandemic that hit the United States in March. His first Twitter posts on the issue indicate that he considered the virus panic to be “idiocy”.
Musk has since promoted the malaria drug as an effective cure for COVID-19, although scientific evidence was lacking. The billionaire also caused a stir with his promise to deliver ventilators to hospitals. In his entries, he also contributed to disinformation, incl. writing that “children are immune to the virus”.
Musk also described the orders to stay at home as “fascist” and opposed local lockdowns, demanding, inter alia, opening of the Tesla factory in Fremont, California. “If you have to arrest someone, I want to be me,” Musk said in early May (local authorities later authorized the reopening of the Tesla factory).
In November, Musk made clear his skepticism about coronavirus testing after receiving two positive and two negative COVID-19 test results from two different laboratories. “Something extremely false is happening,” he commented. A little later he confessed that his illness was mild, but prevented him from participating in the observation of the launch of one of the SpaceX missiles.
Although the billionaire had many real estate on his estate, he declared that he was “about to own no home” and declared that he would sell all the residences he owned. He has since disposed of several of his California estates.