Elon Musk’s Fortune Soars $11 Billion in Two Days While Testifying
Tesla CEO’s wealth rebounds as he defends a 2018 tweet about having ‘funding secured’ to take the carmaker private.
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As Elon Musk was giving his second day of testimony in San Francisco about his 2018 Tesla Inc. go-private tweet, his wealth was increasing by the most in more than two months.
Musk’s fortune has swelled by about $10.6 billion to $145.2 billion since taking the stand on Friday, according to the Bloomberg Billionaires Index, the biggest two-day gain since November. His net worth has rebounded this year along with the majority of the world’s 500 richest people as markets bounce back from a turbulent 2022.