After Tesla was included in the constituent stocks of the S&P 500 Index, Musk woke up and his wealth soared by US$12 billion, making him the third richest man in the world! It surpassed Zuckerberg. S&P Dow Jones Indices Co., Ltd. announced that Tesla will be included in the S&P 500 index, and it will take effect on December 21. Tesla will become the largest company that has joined the S&P Index in decades. According to the Bloomberg Billionaires Index, Tesla’s stock price soared by 15% in after-hours trading on Monday.
The stock closed up 8.2% on Tuesday, increasing 49-year-old Musk’s wealth by $7.6 billion to $109.7 billion. His wealth has jumped $82.2 billion this year, the largest increase among the 500 richest people in the world. News of Tesla’s inclusion in the S&P 500 has been circulating in the market for many months. Investors holding this expectation have pushed Tesla’s stock price up nearly four times this year, and its market value is close to 390 billion US dollars, making this electric vehicle leader Will become the largest new constituent stock in the history of the S&P 500 Index.
In addition, Tesla will also become one of the most influential component stocks of the index, and its weight will be equal to that of Berkshire Hathaway, Johnson & Johnson and Procter & Gamble. Musk has frequently become a news figure recently. Earlier on Saturday, Musk tweeted that he was “very likely” a mild new crown case with symptoms of a “mild cold”. On Sunday, he tweeted that he had no symptoms.
On the same day, Space Exploration Technologies Corp., a subsidiary of Musk. The aircraft sent four astronauts to the International Space Station. However, at this important moment, the founder of the company, Musk, was unable to appear at the launch center due to suspicion of contracting new coronavirus pneumonia.