Elon Musk On Verge Of Passing Zuckerberg, Becoming World’s 3rd Richest Man

Elon Musk On Verge Of Passing Zuckerberg, Becoming World’s 3rd Richest Man


On Monday, Elon Musk’s electric car company Tesla was chosen to join the S&P 500, and in after-hour trading its stocks closed at $408.09 at 6 p.m. That enabled Musk’s net worth to zoom to $117.5 billion, according to Bloomberg, putting Musk on the verge of leapfrogging Facebook CEO Mark Zuckerberg and becoming the third richest person in the world, only trailing Amazon’s Jeff Bezos and Microsoft’s Bill Gates.

Tesla will officially join the S&P 500 on December 21; it will be the largest company ever added to the index, CNBC reported.

“Due to the large size of the addition, S&P Dow Jones Indices is seeking feedback through a consultation to the investment community to determine if Tesla should be added all at once on the rebalance effective date or in two separate tranches ending on the rebalance effective date,” S&P stated, as The Daily Mail noted. “Tesla is now valued at more than Disney, Toyota and Coca-Cola and has

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