Elon Musk Things: Adds $18.5 billion To His Fortune?

Tesla Boss Elon Musk is not like other billionaires. He is known for looking at the opportunities even when there are no options. We have seen how his worth increased massively during the Covid lockdown. It has to be mentioned here that his worth is seeing ups and downs of late.

Now Elon Musk is getting the world’s attention as his worth increased in a few days. As per the information Elon Musk’s net worth increased by $36 billion in the past few days.

The market observers said that Tesla shares increased massively and the rise is seen as the highest jump after Elon Musk purchased Twitter. The Tesla Boss kept a big amount for the deal. After spending so much on the deal, his worth took a toll with the market value of the shares getting affected.

After he purchased Twitter, he renamed it to X. He made a few changes to the platform and other changes are also underway. Since then his net worth has been seeing a regular dip. But he bounced back. It is said that his fortune increased by around $18.5 billion. His net worth now stands at $201.5 billion

Looking at the reasons for this, many say that his China visit played a key role. All of a sudden he went to the Dragon Country and it is said that crucial talks were held. If everything goes well, Tesla might land a key deal with China. China is a big market for the automobile industry.