Elon Musk rounds new milestone - he now has a fortune of more than 175 billion

It goes well for Tesla - and it means, of course, it also goes well for Elon Musk. He has just rounded a new milestone in its journey towards greater wealth.

Elon Musk rounds new milestone - he now has a fortune of more than 175 billion

It goes well for Tesla - and it means, of course, it also goes well for Elon Musk.

He has just rounded a new milestone in its journey towards greater wealth.

About 175 billion is his net worth now. It writes Forbes.

However, it is not a lot of money, he has between the hands.

"Some people think I have a big cash reserve. I have not actually," he said earlier in december for Forbes.

The 48-year-old director of rumfartsvirkomheden SpaceX and the car manufacturer Tesla has invested a large part of his fortune.

About 99 percent of it is in shares in both Tesla and SpaceX.

the Reason for the new economic milestone is formentig in Tesla's big progress.

Since the 16. december, the car maker experienced an increase of approximately 13 percent, and 125 percent since June.

This means that Tesla's stock price is particularly attractive at the moment. Friday rounded exchange rate of $ 400.

And it happens in spite of the adversities, which the manufacturer has experienced the past year.

They were bl.a. examined for lack of recalls of cars with errors in the software.

Updated Date: 22 December 2019, 21:00

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