Elon Musk Net Worth Surged above $300B after Tesla Delivery Record
Elon Musk, the year 2021, topped the billionaire ranking after Tesla Delivery record.
After the Tesla delivery record, Elon Musk's net worth crossed $300B.
2021 was the year of ups and downs for the wealthiest people in the world. But for about 500 rich people,
it was a year of enormous gain as it boosted their fortunes by more than $1 trillion.
However, Elon Musk is one of these fortunate people. Musk's estimated net worth crossed $300B
after Tesla raised above the expected projections for the fourth fiscal quarter.
Tuesday morning, Tesla reported a quarterly record of $304 billion for vehicle deliveries.
Moreover, according to the blowout delivery report, the fortune of Tesla's CEO jumped to $30 billion after Tesla shares jumped more than 13 % in trading Monday.
In addition, he is the first person in history to reach $300 billion. In November, Forbes reported that his net worth crossed 300 billion.
However, Forbes ranked him the wealthiest person in the world on its list.
Musk, followed by Bernard Arnault, CEO of the French fashion firm LVMH, ranks second on Forbes' list. Amazon CEO Jeff Bezos follows Bernard.
Moreover, 308,600 vehicles were delivered by Tesla in its fourth fiscal quarter.
It has exceeded the predictions of the analysts. It has established new company records as in 2021,
and it has delivered 936,172 electric cars in a fiscal year. The deliveries jumped 87 percent in the last year.
Moreover, when Tesla delivered more than 308,600 vehicles during its fourth fiscal quarter,
it surpassed the analysts' predictions, and its total market valuation reached approximately $1.2 trillion.
Apart from Tesla, Musk is also the founder of a private space company SpaceX.