With Tesla stock up nearly 20 percent, Musk's fortune grew tremendously in just one day.
Electric car maker Tesla's shares rose nearly 20 percent on Tuesday, making their biggest daily gain in a year. Tesla shares closed at $ 673.58. Although it remains more than 20 percent below its record high from January, it still recorded the strongest daily increase since February 2020.
Race for 1st place with Bezos
With that, Elon Musk's fortune grew again – by almost $ 25.1 billion. The sharp rise in the share brought record growth not only to Tesla, but also to Musk himself. In the Billionaire Index, Musk is now listed at $ 174 billion, Business Insider reports.
That is also less than in January, at that time it was 210 billion US dollars, but he moved closer to Jeff Bezos, who is currently at 180 billion US dollars, because Amazon shares have also risen by 4 percent.