Elon Musk reclaims world’s richest man place, pushes Amazon’s Jeff Bezos to 2nd spot once more
1 min read Image Source : 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 grow to be the wealthiest particular person on the planet. For the second time in 2021, the Tesla chief has dominated the billionaire index.
According to the Bloomberg Billionaires Index, Musk’s wealth rose to $199.9 billion after his rocket firm accomplished the newest funding spherical. Musk’s house startup, SpaceX, raised $850 million in contemporary funding this month from a bunch of buyers 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 grow to be the richest man.
Last 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 stated it should additionally “begin accepting Bitcoin as a form of payment for our products in the near future”. After vouching for Bitcoin, Musk additionally stated that if main Dogecoin cryptocurrency holders promote their cash, he’ll give them his full assist.
(With IANS Inputs)
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