[ad_1]
Investing.com – No one will imagine the value of the gains of Elon Musk in less than a few hours, a man who has struggled in recent days after losing nearly $ 60 billion of his fortune.
Musk, whose fortune jumped from around $ 186 billion in less than a year, to $ 24 billion in April 2020, his wealth exploded in about 9 months, breaking the $ 200 billion barrier .
However, this wealth appears to be, as it has surged rapidly, it has almost gone faster after suffering severe losses in recent days, which cost the founder of the electric car giant 25% of his fortune in a matter of days.
However, Tesla (NASDAQ) stock, which posted its best daily performance in more than 7 years, managed to rebalance the wealth of the second richest in the world.
Tesla shares jumped about 20% to $ 674 on Tuesday, adding to their value about $ 110, from $ 564 at the end of Monday’s trading session.
Elon Musk’s fortune has risen as a result of these insane increases in Tesla’s shares of nearly $ 23 billion.
The fortune of Tesla founder Musk has grown from $ 153.6 billion to over $ 166.2 billion.
Tesla shares rose from $ 72 in mid-March to $ 896 at the end of the January 26 session, when Musk’s fortunes hit an all-time high.
This means that the market value of Tesla shares has increased more than 11 times in less than a year, with an increase of 1144%.
And what Elon Musk achieved in profits yesterday exceeds that of small countries in a year.
For example, but not limited to, the GDP of a country like Mali, Gabon, Jamaica, Albania, Malta, Armenia, Nicaragua, Mauritania, is less than $ 20 billion for each of them separately.
As for the performance of the Wall Street indices on Tuesday, they all rose, with the technology index advancing 3.7%.
While the index rose 0.1% to 31.8 thousand points, and rose 1.4%.
Fusion Media or anyone involved with Fusion Media will not accept any responsibility for loss or damage resulting from reliance on any information, including data, quotes, graphics and buy / sell signals contained in this website. Be fully informed about the risks and costs associated with trading in the financial markets, it is one of the riskiest forms of investing possible.
[ad_2]
Source link
