Home CELEBRITY Billionaire Elon Musk’s Net Worth Surpasses ExxonMobil

Billionaire Elon Musk’s Net Worth Surpasses ExxonMobil

by InlandTown Editor
0 comment
Elon Musk Net Worth Surpasses ExxonMobil

As billionaire Elon Musk rapidly approaches a net worth of $300 billion following Tesla’s market cap of over $1 trillion, he might have just surpassed one of his biggest rivals, ExxonMobil.

Last week, Elon Musk was said to have a net worth of $289 billion according to the Bloomberg Billionaires Index. This is high above ExxonMobil’s market share value of $272 billion.

Elon Musk’s raise in net worth can be attributed to two major factors after the rise of Tesla’s shares by more than 12%, Hertz made an announcement of a record order of 100,000 Teslas for its fleet, making the price target on Tesla raised to $1,200 per share by auto analyst Adam Jonas. This gain in one day succeeded in putting tesla above the $1 trillion mark.


Related Articles

Leave a Comment

* By using this form you agree with the storage and handling of your data by this website.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More