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Elon Musk Is Officially Richest Man On The Planet

NEWS - WWETV Administration

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According to Bloomberg business magazine, Tesla shares on early Thursday afternoon gave a 5% rise in shares and lifted the value of Musk’s stock options by around $9.3 billion to $190 billion. A smaller rise of about 2% for Amazon lifted Bezos’ shares by $2.7 billion, putting him at $187 billion.

Musk is the primary shareholder and CEO of SpaceX, which is privately held and does not face the same type of market fluctuations as Tesla. Bezos’ stake in Amazon shares increased by $75 billion for a total of $173.3 million during the pandemic, while Musk’s holdings in Tesla increased in value by a dramatic $106 billion during 2020.

“How strange,” Musk tweeted about the news. “Well, back to work.” the world’s richest man also tweeted.

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