Money | Elon Musk Elon Musk Got $36B Richer in One Day Thanks to Tesla's stock surge By Evann Gastaldo Posted Oct 26, 2021 12:40 AM CDT Copied In this March 14, 2019, file photo, Tesla CEO Elon Musk speaks before unveiling the Model Y at the company's design studio in Hawthorne, Calif. (AP Photo/Jae C. Hong, File) Elon Musk's net worth increased by $36.2 billion Monday, thanks to Tesla's stock surge. That's the largest single-day jump in the history of the Bloomberg Billionaires Index. Musk is now worth $288.6 billion after Tesla saw a 12.7% stock increase due to its deal with the Hertz rental car company. The electric car company is up 45% so far this year, helping Musk, the world's richest man after surpassing Jeff Bezos in January and flipping spots with him several times since, to pull even farther ahead of everyone else on the planet. Musk's 20% ownership in the company is the largest driver of his wealth, Business Insider reports. Read These Next Trump order brings end to Buddy Holly tribute. Todd Snider, who helped shape Americana music, dies. Marjorie Taylor Greene says her feud has put a target on her back. Texas trooper pulled from duty after clashing with football players. Report an error