According to Forbes, Tesla and SpaceX founder Elon Musk, who celebrates his 50th birthday today, has grown by about $ 10 billion over the past week. The main reason is the initiative of the US government to develop infrastructure.
The fortune of Elon Musk, who is the third in the list of the richest people in the world, is $ 9.9 billion to $ 165.9 billion. Tesla shares rose 9% on Wednesday and Thursday, and rose 7.8% over the week. Tesla easily outperformed major stocks, with the S&P 500 up 2.7% this week and the Dow Jones Industrial Average up 3.4%.
The US plans to spend $ 1.2 trillion on infrastructure, including $ 15 billion on a national network of 500,000 EV charging stations and the electrification of school and transit buses.
The plan does not include the discounts for electric car buyers announced by the Biden administration in March, but shares in Tesla and other young EV companies such as Fisker and Lordstown Motors have skyrocketed.
As we already reported, Elon Musk accidentally spawned a new cryptocurrency, which immediately grew by 3500%, while he lives in a tiny rented house.
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