A major change has occurred in the list of the world’s richest people. Tesla and SpaceX CEO Elon Musk has now made history, becoming the first person with a net worth exceeding $500 billion (approximately ₹41.6 lakh crore). This achievement is not just a personal record but also a significant signal for the global economy, stock market, and investors.
Tesla Shares See a Huge Rise-Elon Musk’s company Tesla is a major driver of his newfound wealth. Recently, demand for the company’s electric vehicles has increased rapidly in the US, Europe, and Asia.
Tesla has also made significant investments in AI (Artificial Intelligence) and robotics, leading to its market capitalization exceeding $1.2 trillion.
Investors believe that the future of electric cars and battery technology is extremely bright.
This has had a direct impact on the stock market. Investors bought Tesla stock rapidly, and the company’s share price rose more than 30% in the past month.
SpaceX and xAI also increased Musk’s net worth. SpaceX – Musk’s space company, SpaceX, recently achieved a new valuation of $200 billion. The company is working on the satellite internet service Starlink and commercial space travel.
xAI (AI company) – Musk has also entered the artificial intelligence sector. His company, xAI, is focused on competing with OpenAI and Google DeepMind.
Neuralink and The Boring Company – These startups are also seeing significant investor interest, further strengthening Musk’s personal holdings.
Impact on the Global Economy and India – Investment in the energy and EV (Electric Vehicle) sector is rapidly increasing. Demand for EVs is steadily increasing in major markets like India, China, and Europe.
The Indian government is also spending heavily on EV charging infrastructure and green energy. Analysts believe that in the coming five years, the EV sector could offer high returns for Indian investors, similar to those in stock market investments, mutual funds, insurance, and loan sectors.
Finance and Investment Experts’ Opinion Trillion-Dollar Net Worth Potential – Finance experts say that if Tesla and SpaceX’s growth continues at this pace, Elon Musk will become the world’s first person with a $1 trillion net worth in the next two years.
Impact on the Insurance and Loan Sector – As EVs and green technology grow, demand for car insurance, home loans, and personal loans will also increase.
Credit Cards and Investment Plans – Many customers will use credit card EMIs and bank financing to purchase EVs. This will also generate significant profits for banking and financial companies.
Elon Musk
Today’s breaking news clearly demonstrates that Elon Musk is not just a businessman but a leader in the global technology revolution. His net worth crossing $500 billion is a historic achievement, which will impact the economy of the entire world in the times to come.
Home
Facebook
Twitter
Instagram
Call
WhatsApp