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Elon Musk’s net worth: After Tesla’s big win how rich he has become in 2021?

Raishya Das by Raishya Das
October 27, 2021
in News, Technology
0
Elon Musk, chief executive officer of Space Exploration Technologies Corp. (SpaceX) and Tesla Inc., listens as Jim Bridenstine, administrator of the U.S. National Aeronautics and Space Administration (NASA), not pictured, speaks during an event at SpaceX headquarters in Hawthorne, California, U.S., on Thursday, Oct. 10, 2019. SpaceXs Elon Musk and NASA Administrator Jim Bridenstine staged a public show of support for one another at the rocket companys headquarters Thursday, weeks after the two traded barbs over the closely held companys delayed efforts to fly astronauts for the first time. Photographer: Patrick T. Fallon/Bloomberg via Getty Images

Elon Musk, chief executive officer of Space Exploration Technologies Corp. (SpaceX) and Tesla Inc., listens as Jim Bridenstine, administrator of the U.S. National Aeronautics and Space Administration (NASA), not pictured, speaks during an event at SpaceX headquarters in Hawthorne, California, U.S., on Thursday, Oct. 10, 2019. SpaceXs Elon Musk and NASA Administrator Jim Bridenstine staged a public show of support for one another at the rocket companys headquarters Thursday, weeks after the two traded barbs over the closely held companys delayed efforts to fly astronauts for the first time. Photographer: Patrick T. Fallon/Bloomberg via Getty Images

Elon Musk’s net worth has raised high this year. It seems mainly by having the deal with Hertz Elon’s net worth has increased. The profitable deal that Hertz Global Holdings Inc. has placed for Teslas was about 100,000 orders, which has escalated the net worth. The Tesla Motors CEO was being pulled away from the rest of the billionaires on the list with the richest people on the earth.

The above deal that has been made is deemed to be the largest-ever order made by a single buyer and the biggest agreement made by a rental car company for EVs.

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Mark Feilds, Hertz’s interim CEO has said, “Electric vehicles are now mainstream, and we’ve only just begun to see rising global demand and interest”.

“The new Hertz is going to lead the way as a mobility company, starting with the largest EV rental fleet in North America and a commitment to grow our EV fleet.”

Increased fortune after the deal

Elon Musk’s net worth has increased by as many as 25.6 billion dollars on Friday since the market has been closed. Meanwhile, Tesla Inc. shares have also started rising by 13 percent after hearing the news of Hertz’s order.

Wild $T1mes!

— Elon Musk (@elonmusk) October 25, 2021

What is the Net Worth of Elon Musk after Tesla’s big order?

According to Forbes, Musk’s net worth has escalated to 255.2 billion dollars that means no other billionaire has ever managed to reach this fortune since the moment the magazine has been kept on track.

As per Bloomberg, in order to keep it into perspective, Musk is being followed by Jeff Bezos, Amazon’s executive chairman, who stands second in the list of net worth with an estimated net worth of 192.6 billion dollars.

Elon Musk has said to Forbes back in September, “I’m sending a giant statue of the digit ‘2’ to Jeffrey B., along with a silver medal,” after he reached at the top 3 of the list of the richest people on earth, leaving behind Amazon founder and has become third person ever with a net worth of 200 billion dollars.

Tags: Elon Muskfortune increasednet worthTesla's big win
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