Overnight, Elon Musk's Wealth Increased Rp61.7 Trillion
JAKARTA - Who would have thought, Elon Musk's wealth could increase dramatically in just one night. The increase in assets from the CEO of Space X came after the share price of Tesla jumped, around USD 2.3 billion or Rp31 trillion in 60 minutes.
Quoting CNBC, even though Tesla's share price continued to soar overnight, Musk has not succeeded in getting rid of Jeff Bezos as the Forbes' number one richest person in the world. Musk still has to collect the coffers of his wealth of 80 billion United States (US).
However, it does not rule out that Musk will overthrow the Amazon founder, because Bezos has only increased by 9 billion US dollars this year, while Bill Gates is around 2 billion US dollars.
If Musk is able to maintain an average market cap of $ 150 billion for trading within the applicable six month period or over 30 business days, he will get a second market capitalization increase in his shareholder-approved payment plan.
Musk also has to meet certain operational targets to unlock the stage of the twelve stock market options. Although the father of five children does not have a salary, in exchange he must meet market capitalization and operational improvements.
A friend just sent me this excerpt from a Tesla blog I wrote 14 years ago pic.twitter.com/Hr8w52ithY
- Elon Musk (@elonmusk) January 29, 2020
Tesla's stock has surged more than 83 percent since the start of this year, partly driven by stronger-than-expected earnings for the fourth quarter of 2019.
In the same year, Tesla also collaborated with a car battery manufacturer run by the company with Panasonic. Research firm ARK Invest said analysts had raised the target for Tesla's stock, which it expects to jump to $ 7,000 by 2024.
The 48-year-old owns about 20 percent of the Silicon Valley-based Tesla, an estimated $ 30 billion the company contributes to Musk's fortune.
Bloomberg reports that another $ 14.6 billion came from its second company, rocket factory SpaceX. Musk also owns 101 million US dollars from The Boring Company, and the remaining 3.6 billion US dollars obtained for free from several other companies.