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Elon Musk Retains World’s Richest Man Title After Making Almost $10 Billion In A Day

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US Businessman and Entrepreneur, came back in grand style to retain the world’s richest after he made $9.81 billion on Wednesday, February 24.

Elon Musk’s electric manufacturing company, Tesla surged back to $190 billion, after their shares recorded impressive gains of 6.18%, thereby putting the value of Tesla at $712 billion coupled with the SpaceX he founded completing another funding round, pushing him atop the Bloomberg Billionaires Index for the third time in 2021.

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The gains pushed Musk past Amazon founder, , is now worth $185 billion and had a few days ago reclaimed the title as the world’s richest person after Tesla shares plunged to record levels.


Tesla Inc stocks were on a record buying spree at Wednesday’s trading session, indicating that global investors are buying the dip following a four-day plunge that erased the world’s most valuable car company year-to-date gains.

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Recent reports say SpaceX raised another $850 million this month from a group of leading institutional investors led by Sequoia Capital.


Such investment now puts SpaceX’s valuation at $74 billion, a 60% jump from August, and helped boost Musk’s net worth by about $11 billion, according to the index.

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