Elon Musk's wealth increased by 61 billion dollars in one day, and he is on his way to becoming a trillionaire again

ইলন মাস্ক
ইলন মাস্ক

Elon Musk, the world's richest man, has a net worth of 1 trillion or 100 million dollars. His wealth increased by 61 billion or 6 thousand billion dollars in one day on Friday.

The jump in Elon Musk's net worth was mainly due to the increase in the share price of Elon Musk's space and satellite company SpaceX and electric car maker Tesla.

Now Mask's wealth has increased to 979.7 billion or 97 thousand 970 million dollars. This information was obtained from Forbes Realtime Billionaires list.

It appears that Elon Musk's wealth has increased by 750,300 crores in Bangladeshi currency. The size of the budget of Bangladesh in the current financial year 2026-27 is Tk 9 lakh 38 thousand crores. That is, in one day, Elon Musk's wealth has increased to about 80 percent of Bangladesh's budget.

Elon Musk's aerospace and satellite company SpaceX rose more than 7 percent yesterday. Shares rose to $158.84 in the previous 24 hours after the company successfully launched several spacecraft.

Meanwhile, electric car maker Tesla's share price also rose nearly 5 percent to $371.32. The main reason for this is that Tesla delivered 486,532 vehicles in the third quarter of this year. This number is higher than analysts' expectations. As a result, the fear of falling car supply for the third year in a row will finally be averted, giving some optimism among investors.

Elon Musk still holds the top spot in Forbes' real-time billionaires list. Amazon founder Jeff Bezos, who is in second position, has an estimated net worth of $370.7 billion or $37,700 million.

Musk briefly became the world's first trillionaire on June 12. On that day, his wealth reached a maximum of 1.45 trillion or 1 lakh 45 billion dollars.

Cross the Trillionaire Limit Again
Musk's wealth rose sharply in June due to a surge in SpaceX's stock price. When SpaceX shares started trading at $150 that month, the company's market value reached nearly $2 trillion. As a result, Musk's wealth exceeds a trillion dollars. He became known as the world's first trillionaire.

But he lost his billionaire status when SpaceX's share price fell 31 percent in late June. At the same time, Forbes excluded Musk's $116 billion or $11,600 million in shares due to a deal with Tesla.

Then on June 29, he temporarily regained the status of a trillionaire. On July 1, SpaceX lost again as its share price fell. SpaceX's share price fell nearly 50 percent from its peak in July, leaving Musk's net worth below $700 billion, or $70 trillion.

Now, with the increase in the share price of SpaceX and Tesla, Musk's wealth is also increasing rapidly.

🌐 This English version was automatically translated from the original Bangla.

Original reporting: Voice of Startup Bangladesh

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