Elon Musk, replaces Bezos and becomes the richest man in the world

Texas, United States.

Elon Musk, founder of high-end electric vehicle manufacturer Tesla, became this Thursday at richer man from’ world thanks to the launch of the shares of his firm on the stock exchange, according to calculations by Bloomberg News.

With the rise of the titles of Tesla bag, and with 18% ownership of the company, the 49-year-old entrepreneur who also runs SpaceX, thus exceeds a Jeff Bezos, the founder of Amazon, who was since 2017 the richest man in the world.

Tesla stock more than seven times its value in 2020 and continued to rise on Wall Street on Thursday, so the fortune of this engineer of South African origin succeeded $ 188.5 billion shortly after the stock market opened, $ 1.5 billion above what accumulated by Bezos.

Wednesday Tesla exceeded 700 billion for the first time capitalization dollars stock exchange at the close of the New York Stock Exchange with a rise of almost 3% of its shares to $ 755.98.

Thursday morning, the title brushed the $ 800, with a rise of 5.7%.

see: It’s over: Trump acknowledges his defeat and promises peaceful transition

The group’s sales are still far from those of the traditional manufacturers of vehicles: Tesla sold 499,550 vehicles in 2020, far from 11 million Volkswagen in 2019.

But Tesla it benefits from the optimism of investors for the future of electric vehicles and the fact that it achieved to earn money in five consecutive quarters, which helped enter the prestigious S&P 500 index in December.

.Source