Elon Musk got $2.1 billion richer this week as Tesla became America’s most valuable car company ever
kicked off a Tuesday presentation at Tesla’s Shanghai plant by tearing off his blazer and dancing enthusiastically to a song by his girlfriend, pop star Grimes. The eccentric CEO and founder has a multibillion-dollar reason to be in such high spirits.
Shares surged 13% in the week through January 9—boosting Musk’s net worth by $2.1 billion, to $28.8 billion. The 49-year-old billionaire is currently the 34th-richest person in the world. Musk owns nearly 22% of Tesla’s stock, which accounts for roughly half of his fortune. He also has an estimated $12.5 billion stake in SpaceX, his privately held aerospace company known for reusable rockets.
Wedbush analyst Daniel Ives is confident in Tesla, highlighting growth potential in China. “We believe Tesla’s ability to ramp production and demand in the key China region during the course of 2020 will be a major swing factor on the stock,” Ives wrote in a research note.
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Elon Musk sends cryptic tweet about Grimes pregnancy rumors - Business InsiderRumors have been circulating since Wednesday when Grimes posted a different photograph on Instagram where she also appears to have a bump.
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Andrew Yang Congratulates Elon Musk and Grimes on 'Pregnancy'Grimes and Elon Musk are expecting their first child together.
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Grimes might be pregnant and her Instagram post has prompted confusion, congratulations, and alien jokes from spectators including presidential candidate Andrew Yang and rapper Azealia BanksGrimes maybe-pregnancy Instagram post has prompted confusion, congratulations, and alien jokes from spectators including presidential candidate Andrew Yang and rapper Azealia Banks
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As Tesla shares soar, Musk’s moonshot pay package doesn’t seem so crazy anymoreIf Tesla's market value hits $100 billion, it will unlock the first tranche of Musk’s all-or-nothing moonshot award worth about $346 million.
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Andrew Yang Congratulates Elon Musk and Grimes on 'Pregnancy'Grimes and Elon Musk are expecting their first child together.
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