Elon Musk Is $100B Richer, Worth More Than Pepsi After Tesla Stock Surge

Elon Musk is riding high again after a rough start to the year.
The Tesla CEO’s net worth crashed from $229 billion at the start of January to $164 billion by late April, per the Bloomberg Billionaires Index. The $65 billion decline was fueled by Tesla stock tanking more than 40% in that period.
However, shares of the EV maker have surged by over 80% from their April low, driving a more than $100 billion increase in Musk’s wealth to $270 billion at Wednesday’s close. That includes an almost $50 […]
Elon Musk Is $100B Richer, Worth More Than Pepsi After Tesla Stock Surge