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Musk year of superlatives: Why 2020 was the year of Tesla boss Elon Musk | message

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, Musk year of superlatives: Why 2020 was the year of Tesla boss Elon Musk | message, Forex-News, Forex-News


, Musk year of superlatives: Why 2020 was the year of Tesla boss Elon Musk | message, Forex-News, Forex-News

Elon Musk becomes the second richest person in the world

Tesla shares are trading at record levels despite capital increases

Musk’s sixth son X A-12 is born

The enormous success that Elon Musk was able to record in 2020 is directly reflected in the development of Tesla’s share price
read off. While the papers of the electric car manufacturer were available for US $ 84.90 at the beginning of 2020, adjusted for the stock split, they already cost more than US $ 700 at the end of the year. As a result, the value of Musk’s Tesla stake alone climbed more than 700 percent. With a total market capitalization of around 770 billion US dollars, Tesla is currently by far the most valuable automaker in the world. In comparison, the three large German automobile manufacturers VW, BMW and Daimler have a weight of around 230 billion US dollars.

Share rally despite three capital increases

This exorbitant share price development is even more astounding when investors consider the fact that Tesla completed a total of three capital increases in the past calendar year. Although the Tesla shares came under brief pressure as a result of these capital increases, the repeated dilution of the old shareholders did not have any major negative effects over the year.

Musk is suddenly number two on the Forbes list

In addition to the price development of the Tesla share, the world-famous Forbes list, which continuously shows the richest people in the world, can also be used as a success indicator. With a current fortune of over 177 billion US dollars, Elon Musk is currently in second place on the so-called “Real-Time Billionaires List” of the US business magazine Forbes.

According to the calculations of the US magazine, Elon Musk is the richest person in the world after Jeff Bezos, who currently has a fortune of around 185 billion US dollars. Elon Musk, born in South Africa in 1971, is suddenly wealthier than Bill Gates, Warren Buffett, Mark Zuckerberg or Bernard Arnault.

Unlike Gates and Buffett, however, Musk has only been one of the richest people in the world for a few months. In 2019, the Visionr’s net worth was a manageable 24.6 billion US dollars. As a result, Musk managed to increase his fortune by well over 100 billion US dollars in the crisis year 2020. The thought leader owes this enormous increase not only to the excellent performance of Tesla shares, but also to his space and telecommunications company SpaceX. The US business magazine Forbes estimates the value of the missile company at just under 25 billion US dollars.

X A-12 sees the light of day

In addition to an incredible increase in assets, Elon Musk was also able to record family growth in 2020. The musician Grimes, whose real name is Claire Boucher, gave birth to Musk’s sixth son. The couple’s first child together, who bears the unusual name X A-12, saw the light of day in May 2020.

Since the Tesla boss has already given birth to twins and triplets with his ex-wife, the Canadian author Justine Wilson, the Visionr now not only has a company empire, but also a large family.

Breakthrough with Neuralink brain chip technology

Elon Musk achieved another breakthrough last year with his company Neuralink, which was popular in 2016 and with which the pioneer has specialized in networking the human brain with technical machines.

During a live stream event in August, Musk presented a pig named Gertrude, which was equipped with a brain chip prototype. The chip made it possible to transmit the pig’s nerve impulses to a computer via a Bluetooth connection and thus make them visible.

“Pigs are actually pretty much like people. If we want to find something out for people, pigs are good choices. [] If the device stays in the pig, where it has lasted for two months and is strong, it is a good sign that the device is robust for people, “said Musk during the event, referring to the progress of his company.

In the long term, the thought leader dreams of the fact that everyone could implant such a chip in their skull, which would then, for example, enable the sharing of thoughts between two people without speech or gestures.

Tesla plant Berlin-Brandenburg is gradually taking shape

Despite many complaints, worries and concerns from residents and environmentalists, the construction of the car manufacturer’s large factory in Grnheide near Berlin is gradually taking shape. Although Tesla’s plans for the first German Gigafactory were only approved at the beginning of January 2020, the first finished factory buildings are already on the former Stasi site.

The corona pandemic was therefore unable to stop the construction of what it claims to be the most progressive series production facility for electric vehicles in the world. Many experts therefore anticipate that the first German Tesla plant could start production of the Model Y as early as spring 2021. The settlement and construction of the factory in Grnheide near Berlin is also one of the most important industrial projects of 2020 in Germany.

SpaceX brings astronauts to the ISS

Elon Musk achieved another coup last year with his space company SpaceX. With the help of a Falcon 9 rocket, in cooperation with NASA, for the first time since the end of the space shuttle program in 2011, he again transported astronauts from the Kennedy Space Center in Florida to the International Space Station.

In this context, the event was also a first for NASA, which for the first time in its history has relied almost entirely on a private and commercial space company with SpaceX.

Pierre Bonnet / Forex-news.com.net editors

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, Musk year of superlatives: Why 2020 was the year of Tesla boss Elon Musk | message, Forex-News, Forex-News

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