Elon Musk Is Now the World’s Third-Richest Person

Unusual week for anybody however Elon Musk.

The Crew Dragon craft from Musk’s personal area transportation firm SpaceX efficiently offered history’s first “commercial launch,” ferrying 4 astronauts (three from NASA and one from JAXA, Japan’s area company) to the Worldwide Area Station.

However Musk wasn’t in a position to attend the rocket’s preliminary launch because of a positive coronavirus test, which additionally earned him the derisive nickname “Area Karen” (months after Musk had dismissed the pandemic as “dumb”).

In the meantime, Musk’s different, better-known firm Tesla simply landed on the S&P 500, inflating his wealth by $15 billion and making him, for now, the world’s third-richest person, overtaking Fb CEO/founder Mark Zuckerberg.

Utilizing info culled from the Bloomberg Billionaires Index, Musk’s internet value at the moment rests just below $118 billion, with $90 billion a achieve from simply this yr alone.

As Enterprise Insider explains, becoming a member of the S&P 500 requires that an organization “should be primarily based in the U.S., have a market cap of at the very least $8.2 billion, be extremely liquid, have at the very least half of their shares obtainable to the public, and submit 4 successive worthwhile quarters.”

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