Record jump in Elon Musk’s net worth in a single day, know why his wealth increased so much

Elon Musk Net Worth: The net worth of the world’s richest billionaire Elon Musk has seen a jump of 33.5 billion dollars in a single day, after which his wealth has increased to 270 billion dollars. This huge jump in the wealth of the company’s CEO Elon Musk has been seen due to the strong rise in the stock after the excellent results of Elon Musk’s electric vehicle manufacturing company Tesla.

According to the Bloomberg Billionaires Index, 53-year-old Elon Musk’s net worth increased by $ 33.5 billion in a single day and now it has come to $ 270 billion. In the year 2024, there has been an increase of $ 41.1 billion in the wealth of Elon Musk. This means that the increase in the wealth of Elon Musk in the year 2024 has been seen by 81.31 percent in the session of Thursday, October 24, 2024 alone. Whereas the total net worth of Elon Musk has increased by 15 percent in a single day. Elon Musk has 13 percent stake in Tesla. This is the first time since May 2013 that such a big jump has been seen in Tesla’s stock. Tesla launched its IPO in the year 2010.

Tesla’s profit has increased the most in the last quarter after the year 2023. Elon Musk has predicted a growth of 30 percent in his vehicle sales in the next year 2025. He told that Cybertruck has generated profit for the company for the first time in this quarter. Due to this, Tesla’s stock jumped by 22 percent due to which Elon Musk’s net worth increased by $ 33.5 billion in a single day. On Tesla’s results, Elon Musk said, he expects Tesla to roll out Cybercab and Robotaxis in 2026 and the company has set a target of manufacturing 2-4 million units.

Elon Musk ranks first in the Bloomberg Billionaires Index. But Amazon’s Jeff Bezos is in second place with a net worth of $209 billion and there is a difference of $61 billion in net worth between the two.

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