According to Tesla’s second-quarter report, Elon Musk, who owns a 13% stake and whose personal wealth is directly tied to the company’s value, is on his way to becoming a trillionaire once again.

Known as one of the richest people in the world today, Musk has once again added to his wealth, with the market moving, according to the Bloomberg Billionaires Index.

The Tesla and SpaceX chief currently has a net worth of $255 billion, according to the Bloomberg Billionaires Index.

According to the data in the second quarter earnings report, Tesla generated $ 25 billion in revenue. Considering that the company earned $16.9 billion last year, it can be said that the company’s revenues increased by 50%.

Shares have surpassed $290 this week, bringing their market cap to over $900 billion.

Elon Musk’s personal wealth, which has 13% of this number, is inextricably linked to the company’s stock market performance. The stock’s remarkable recovery in 2023 may be related to the rise of productive artificial intelligence that has revived the entire stock market this year.

This rise also increased Musk’s personal wealth, making him now the world’s only quarter trillionaire.