Category

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
Elon Musk is now worth $230 billion—as much as Bill Gates and Warren Buffett combined Elon Musk

Elon Musk is now worth $230 billion—as much as Bill Gates and Warren Buffett combined

Joe Raedle | Getty ImagesElon Musk has entered rarified air in the world billionaire rankings. The Tesla and SpaceX CEO is not only currently the richest person in the world, but is now worth as much as fellow billionaires Bill Gates and Warren Buffett combined.The 50-year-old’s net worth is $230…
bubmag
October 16, 2021