Elon Musk now world’s richest man — Tesla co-founder and CEO Elon Musk leaves Los Angeles federal court on December 3, 2019

Elon Musk, the world’s celebrated entrepreneur behind Tesla Inc. and SpaceX, is now the world’s richest man.

A 4.8% surge in the electric carmaker’s share price at today’s trading session boosted Elon Musk’s wealth valuation past Jeff Bezos, the founder of Amazon on the Bloomberg Billionaires Index, a ranking of the world’s 500 wealthiest people.

What this means: The tech entrepreneur just became the richest person on planet earth with a net valuation of more than $185 billion.

Elon Musk’s wealth gain in 202o marks the fastest surge to the top of the rich list in modern history— and marks a dramatic turn around from a business riddled with debt less than two years ago as Tesla’s rapidly burnt cash to stay in operation.
Stock experts anticipate A Democratic-controlled U.S Senate is bullish for Tesla, on the bias that there would be more pro-renewable investments at least for the next few years.

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