Elon Musk Is Now Worth Over a Quarter Trillion Dollars

Musk's lead over Bezos has just increased significantly
Quarter Trillionaire

Elon Musk, Tesla CEO, is aiming to become the world's first trillionaire.

Bloomberg reports that the CEOs net worth has officially surpassed a quarter of a trillion dollars. This leaves Jeff Bezos (Amazon founder) as the second richest person on the planet.

This is a staggering amount of wealth, and it could mean Musk's net worth will soon reach 13 figures.

Big Order

This news comes as Tesla's share prices rocketed following Hertz's massive order for 100,000 Teslas. Hertz is a car rental company that aims to electrify its fleet.

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Bloomberg estimates that the $4.2 billion revenue for the purchase of electric vehicles is approximately $4.2 billion. Tesla shares were up 6.7 percent Monday.

Musk has now overtaken Bezos to be the richest person on Earth, and he's expanding his lead.

Astronomical Wealth

It is not yet clear when Musk will become a billionaire. However, it is possible that he will not become a trillionaire because of Tesla.

We have heard from more than one client that Elon Musk will not become the first trillionaire because of Tesla. Adam Jonas, a Morgan Stanley analyst, told The Guardian last week.

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SpaceX could be the most valuable company in the world, according to some.

Space company plans to build the first rocket capable to send astronauts to the Moon since Apollo era. This feat is sure to impress investors.

READ MORE: Elon Musk's Wealth Is Rising Past A Quarter Trillion [Bloomberg]



Elon Musk: Elon Musk could paint a giant picture of his face on the moon?

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