Tesla’s co-founder, Elon Musk, has now recouped all his money used to buy the shares of Tesla in a single day.
The world’s richest man made over $15.3 billion (N6.4 trillion) in just 24 hours to grow his wealth over 23 times the worth of Aliko Dangote
On another day of huge gain, Elon Musk could cross the $300 billion mark, as he looks to become the world’s first trillionaire
Elon Musk’s net worth has increased to $288 billion, widening the gap between him and Jeff Bezos, the world’s second-richest man.
Bloomberg reports that between 9:30 a.m. and 4 p.m. on Monday, April 4, he made over $15.3 billion thanks to a rise in the price of Tesla Inc shares and Twitter shares he had purchased on Friday last week.
Musk had committed $2.89 billion to buy a 9.2 percent stake in Twitter making him the largest shareholder.
Since paying $2.9 billion for the shares of Twitter on Friday 1 April, Musk’s investment value has now increased by $36 million. Twitter share price at the time he bought it traded at $49.48, on Tuesday morning. It is on sale for $49.97.
As the largest shareholder of Twitter, Elon Musk can choose to push to reinstate the former president of America, Donald Trump’s Twitter account.
In the days prior to the announcement of his acquisition of the social media platform shares, Musk had tweeted several times questioning the platform’s free speech rules and musing on whether a new social media platform is needed.
Trump’s supporters are urging Musk to allow former President Donald Trump back on Twitter. “Great job Elon Musk! Now reinstate President Trump!” tweeted conservative author Brigitte Gabriel.
Will the new majority shareholder return freedom of speech to Twitter?”
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