3 days ago
One statement by US President Trump and Elon Musk hits jackpot due to...
One statement by US President Trump and Elon Musk hits jackpot due to...
New York: Amid the deteriorating relationship between the most powerful man and the richest man in the world over the 'One Big Beautiful Bill,' United States President Donald Trump said that he is not going to get rid of Elon Musk's companies — Tesla and Starlink. Following this positive statement shares of the electric vehicle manufacturing company Tesla skyrocketed by 5 percent. This development led to a jump of USD 13.9 billion in the wealth of the company's CEO Elon Musk. According to Bloomberg Billionaires Index, Musk's net worth has now reached USD 356 billion. However, his wealth has decreased by USD 76.2 billion this year.
It is worth noting that Tesla is one of the world's leading electrical vehicle companies with a market cap of USD993.92 billion. It is ranked 11th in the list of top valuable companies in the world. Microsoft is the world's most valuable company with a value of USD3,513 trillion. It is followed by Nvidia (USD3.478 trillion), Apple (USD 3,045 trillion), Amazon (USD2.303 trillion) and Google's parent company Alphabet (USD2.114 trillion). Meta Platform, Saudi Aramco, Broadcom, TSMC and Berkshire Hathaway are included in list. Who Are In The Top 10
Recent ranking of the world's wealthiest people put Mark Zuckerberg in the second position with a net worth of USD245 billion. Jeff Bezos, Larry Ellison, Bill Gates, Steve Ballmer, Larry Page, Warren Buffett, Bernard Arnault, and Sergey Brin also mentioned in the top ten. Mukesh Ambani and Gautam Adani are ranked 17th and 20th in the richest persons list, with net worths of USD105 billion and USD84.8 billion.
