Musk's net worth rises by $26b after Tesla shares surge

If you're seeing this message, that means JavaScript has been disabled on your browser.Please enable JavaScript to make this website work.

NewsPremium

Musk’s net worth rises by $26b after Tesla shares surge

👩‍🍳 How we use AI at Tech in Asia, thoughtfully and responsibly.
🧔‍♂️ A friendly human may check it before it goes live. More news here

Musk’s net worth rises by $26b after Tesla shares surge

Add TIA as a preferred source

Thursday’s increase of Tesla shares has boosted CEO Elon Musk’s net worth by about US$26 billion, pushing it to nearly US$269 billion, according to Forbes.

Tesla’s stock saw its second-largest rise since its 2010 IPO, driven by earnings reported on Wednesday, which revealed earnings per share of US$0.72.

Musk’s wealth is largely due to his 13% ownership of Tesla shares and stakes in SpaceX and other ventures.

Stay ahead in Asia’s tech landscape

You've reached your 2 free content limit for the month. Sign up for free to read the full story.

🏄 For casual readers / 👶 Free

Basic

US$0

Free forever

Get instant access to this article and more every month

0 premium content

Unlimited news briefs

5 articles

Ad-free reading experience

Just US$0 per day

⌛Sign up in 20s. No payment details needed.

📖 For learners / 👍 Starter

Lite

US$4.92/month

Billed annually at US$59/year

Get instant access to this article and more every month

4 premium content

Unlimited news briefs & articles

Ad-free reading experience

Just US$0.17 per day

Cancel anytime

Our subscriber community includes professionals from these companies:

Stay ahead in Asia’s tech landscape

Stay updated on the go with our mobile app.