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Elon Musk

Global shares gain as trillion-dollar Tesla brightens tech sector and commodities cool off Elon Musk

Global shares gain as trillion-dollar Tesla brightens tech sector and commodities cool off

US politicians often place major bets on Wall Street. Angela Weiss/Getty Images US futures rise, with the Nasdaq 100 boosted by Tesla's surge to $1,000, with more Big Tech earnings due. Third-quarter earnings are coming in strong, helping dispel some concern around inflation. A fourth Chinese property firm has defaulted…
bubmag
October 26, 2021
Elon Musk Is Nearly $14 Billion Richer After Hertz Order Pushes Tesla Stock To Record Levels Elon Musk

Elon Musk Is Nearly $14 Billion Richer After Hertz Order Pushes Tesla Stock To Record Levels

Elon Musk’s week is off to a great start.  Tesla’s stock soared on Monday after Hertz announced plans to buy 100,000 electric vehicles (mainly Model 3 sedans) for its rental car fleet, pushing up Musk’s fortune by $25.6 billion since Friday’s market close. His net worth, as of the market…
bubmag
October 25, 2021
Flash Briefing: First-ever bitcoin ETF trades on NYSE; Elon Musk ‘world’s richest’ once again; FlySafair wants longer weekends Elon Musk

Flash Briefing: First-ever bitcoin ETF trades on NYSE; Elon Musk ‘world’s richest’ once again; FlySafair wants longer weekends

Listen on iTunes  In a watershed moment for crypto, the first-ever bitcoin-linked ETF will start trading on the New York Stock Exchange today. The exchange-traded fund – launched by ProShares – will trade under the ticker symbol ‘BITO’ and will invest primarily in bitcoin futures contracts – agreements to buy or…
bubmag
October 19, 2021