Markets Reward The Generation’s Finest Innovator

This is legendary: Tesla’s founder, Elon Musk, is now the world’s second richest person, behind Amazon’s Jeff Bezos. What happened is uncommon: Tesla’s stock has moved from $65 to $526 within a year, and the electric vehicle mass-scale pioneer is now worth close to $500 billion. Musk owns a big chunk of that money, plus equity in SpaceX, another legendary company. Tesla founder Elon Musk has overtaken Microsoft’s Bill Gates to become the world’s second-richest person, per the Bloomberg Billionaires Index. The 49-year-old entrepreneur’s net worth rocketed by $100.3 billion this year to $127.9 billion, driven by a surge in … Continue reading Markets Reward The Generation’s Finest Innovator