Robotaxis & Rivalries- Elon Musk's Net Worth Explodes

Benzinga

Elon Musk's net worth just surged by $19 billion thanks to a Tesla stock rally driven by the robotaxi rollout in Texas! This incredible jump pushes Musk's wealth to more than double that of Bill Gates, highlighting a long-standing rivalry between the two tech titans. Discover the history of Bill Gates' infamous short position against Tesla, Elon Musk's sharp reactions, and what this recent wealth surge means for the future of the world's richest man and the autonomous vehicle industry.

Transcript

00:00Elon Musk's net worth just rocketed $19 billion in a single day.

00:04A recent Tesla stock rally pushed his wealth to more than double that of Bill Gates.

00:10And there's a wild history behind their rivalry.

00:12Musk is now worth an astounding $385 billion, making him the richest man in the world by

00:18a large margin.

00:20This surge came thanks to Tesla's robo-taxi rollout in Texas, which was a major step for

00:25autonomous vehicles.

00:26But it's not just about the numbers.

00:28Bill Gates has famously bet against Tesla for years, holding a short position on their

00:34stock.

00:35Musk even confronted him about it via text messages.

00:37Gates claimed that he wouldn't talk about his investment, but leaked text messages showed

00:42him admitting the short.

00:44Musk's sharp reply was he couldn't take Gates's climate philanthropy seriously while

00:50he was betting against Tesla.

00:51Imagine the financial discomfort for Gates if he still holds that short, knowing now that

00:56Tesla is valued at over a trillion dollars.

00:59This isn't just a battle of billionaires, it's a high stakes clash of titans.

01:03One proving his vision in the market regardless of fierce opposition, even from some of the

01:08the biggest tech legends.

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