Elon Musk becomes richest person in the history of world

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Tesla CEO Elon Musk has emerged as the richest person in the history of the world with an estimated net worth of $271.3 billion, according to data released by Forbes.

The stock market value of the electric automaker surpassed $1 trillion on Monday, bringing double jackpot for Musk, who is also CEO of SpaceX, a private company worth $100 billion as of an October secondary share sale, according to a CNBC report.

Tesla witnessed 12.7% surge in share value after it received biggest-ever order from rental car company Hertz.

With Tesla’s historic stock market value, Musk’s 23% stake in the newly minted trillion-dollar company has reached close to $230 billion, according to Refinitiv.

Read more: https://pakobserver.net/elon-musks-tweet-pushes-bitcoin-prices-up-again/

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