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.