News > Elon Musk's wealth swells further as Tesla market value crosses $500 billion

Elon Musk's wealth swells further as Tesla market value crosses $500 billion

LiveMint | 25/11/2020 06:49 PM | Click to read full article

Tesla Inc's market value blew past $500 billion on Tuesday as investors snapped up its shares in the run-up to its debut in the S&P 500, pushing founder Elon Musk's wealth to $136 billion, according to Bloomberg Billionaires Index.

Tesla is Wall Street's seventh most valuable company, just behind Berkshire Hathaway, and its shares have rallied over 30% since Nov. 16, when it was announced Tesla would join the S&P 500 benchmark. 

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