Elon Musk's net worth hits $600 billion
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CEO, Elon Musk, reached another personal wealth milestone, with the valuation of his privately held space transportation company, SpaceX, soaring to record new highs, ahead of a planned public offering in 2026.
Elon Musk revealed his biggest business mistake throughout the years. Now, the Tesla CEO has a different mindset about what matters most.
Elon Musk has topped the charts as the world’s richest person several times since January 2021. Yesterday, he became the first person in history to be worth $600 billion after reports that his company SpaceX was valued at $800 billion in a private tender offer.
The shares of Elon Musk-led Tesla surged on Tuesday, spiking by over 3% after the richest person in the world underscored his bet on the company's future and the role of robotaxis in that future. Musk asserted that Tesla has been testing driverless vehicles in Austin,
A video circulating online appeared to show a Tesla Model Y robotaxi with no safety monitor inside driving on Austin streets.
Elon Musk on Monday became the first person ever worth $600 billion, Forbes said, on the heels of reports that his SpaceX startup was likely to go public at a valuation of $800 billion.
Using Tesla's current shares outstanding (3.5 billion) and the market cap target suggests a share price of about $2,400. That's nearly 6 times the current share price, which is extremely ambitious. (Note that 424 million shares multiplied by $2,400 gets you to over $1 trillion.)
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Longtime Tesla investor Ross Gerber says 2026 will be a year of reckoning for Musk's car company
Tesla-investor-turned-bear Ross Gerber says that Elon Musk needs to show results on the company's biggest initiatives in 2026 or face investor backlash.
Elon Musk has confirmed that robotaxi testing has officially commenced in a step forward for the company’s autonomy ambitions
The Department of Motor Vehicles gives Elon Musk’s EV company 60 days to change how it promotes Autopilot and Full Self-Driving features or face a 30-day sales ban.