Elon Musk reclaims world’s richest man place, pushes Amazon’s Jeff Bezos to 2nd spot once more


Picture Supply : AP

Elon Musk reclaims place as world’s richest man

Elon Musk, founder, CEO, CTO, and chief designer of SpaceX and CEO and product architect of Tesla, Inc, has as soon as once more overtaken Amazon founder Jeff Bezos to turn out to be the wealthiest particular person on the planet. For the second time in 2021, the Tesla chief has dominated the billionaire index.

In accordance with the Bloomberg Billionaires Index, Musk’s wealth rose to $199.9 billion after his rocket firm accomplished the most recent funding spherical. Musk’s area startup, SpaceX, raised $850 million in contemporary funding this month from a gaggle of traders led by Sequoia Capital. The rocket firm is valued at $74 billion after the spherical, which is a 60 per cent bounce from August.

Amazon.com Inc CEO Jeff Bezos had overtaken Musk earlier this week with $194.2 billion to turn out to be the richest man.

Final week, Tesla had introduced that it has invested $1.5 billion within the Bitcoin cryptocurrency. The announcement led to a surge within the value of 1 Bitcoin, which has even surpassed $50,000 per coin.

Tesla mentioned it’s going to additionally “start accepting Bitcoin as a type of fee for our merchandise within the close to future”. After vouching for Bitcoin, Musk additionally mentioned that if main Dogecoin cryptocurrency holders promote their cash, he’ll give them his full assist.

(With IANS Inputs)

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