Quick Read – Tesla closed down 8.58% YTD while SpaceX shares surging from $161 to $193 handed Musk a $165 billion single-day paper gain. – SpaceX must surpass $7.5 trillion in market cap, a figure more than triple NVIDIA’s valuation, for Musk to unlock 1.3 billion additional…
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Yesterday handed Elon Musk one of the largest single-day wealth gains in recorded financial history. SpaceX shares ripped from $160.95 to $192.50, and Forbes’ real-time billionaires tracker put Musk’s one-day paper gain at $164.8 billion. Warren Buffett, who had his own “good day” with an estimated $2 billion gain, finished the session with a net worth of $146.4 billion.
Read that again. In a single 6.5-hour trading session, Musk added more dollars to his net worth than Buffett has assembled in roughly seven decades of compounding at Berkshire Hathaway. You can verify the live figures on Forbes’ real-time billionaires page.