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By the end of this week, Elon Musk will become the richest man in the world
06.01.2021 [08:00],
Alexey Razin

Tesla’s impressive share price performance last year propelled founder Elon Musk to the top of the richest people in the world. He is currently in second place, behind only Amazon CEO Jeff Bezos, but they may have swapped places by the end of the week.

Image Source: Next Big Future

According to the Bloomberg rating, Musk’s fortune is now estimated at $ 176 billion, Bezos bypasses him by $ 12 billion, but Tesla’s stock price continues to rise, determining the further dynamics of the welfare of the head of this company. Musk’s main income is denominated in Tesla shares, so the rapid growth of the rate allows him to climb to the top of the ranking of the world’s largest billionaires by leaps and bounds.

According to Morgan Stanley analysts, Tesla shares have every chance to rise in price to $ 810 apiece, this will automatically increase Elon Musk’s wealth to a level that makes him the richest man on the planet. Investors are enthusiastic about the prospect of new environmental regulations in the US, which will spur the transition to electric vehicles. After the close of trading, Tesla shares rose in price to $ 753, at such a pace they will lead Musk to the top of the Bloomberg rankings, if not this week, then this month.

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