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Excerpt from www.thenews.com.pk
Elon Musk, the CEO of Tesla and SpaceX, has regained his position as the world’s second-richest person, surpassing Jeff Bezos, the founder of Amazon.
Elon Musk, the big boss of Tesla, SpaceX, Neuralink, and X, has jumped back to being the second richest person in the world. He’s now richer than Jeff Bezos, the guy who started Amazon, with his wealth close to $200 billion as of Tuesday. But, he’s still not the richest – that title goes to Bernard Arnault, the top guy at LVMH, a big fashion company.
The increase in Elon Musk’s net worth was caused by a 6% surge in Tesla shares, which are now valued at over $185 each. Despite a dip in late 2021, Tesla’s shares have rebounded, climbing nearly 30% over the past month.
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