• Elon Musk is once again the world's richest person as he and Jeff Bezos keep jockeying for the lead

    17 days ago - By Business Insider

    Elon Musk, left, and Jeff Bezos have added well over 200 billion in net worth in recent years.
    John Locher/AP and Odd Andersen/AFP via Getty Images
    Elon Musk became the world's richest person again on Thursday, according to Bloomberg.
    Musk is now worth about $200 billion, while Bezos' net worth is $194 billion.
    Both CEOs have seen their wealth explode as shares of Amazon and Tesla have surged upward.
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    Elon Musk once again overtook Jeff Bezos to reclaim the title of the wealthiest person on the planet Thursday, according to Bloomberg's...
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  • Tesla may have already earned $600 million on its bitcoin investment, but experts raise concerns

    17 days ago - By Business Insider

    Elon Musk's Tesla recently invested $1.5 billion in bitcoin.
    Britta Pedersen-Pool/Getty Images
    Tesla's $1.5 billion investment in bitcoin led to it trading at over $50,000 for the first time.
    Tech expert Álex Barredo said Tesla may have already earned $600 million on the investment.
    Founder Elon Musk's Twitter endorsement of bitcoin has led to allegations of "criminal behavior."
    Visit the Business section of Insider for more stories .
    Tesla founder Elon Musk has courted controversy with his investment in bitcoin and subsequent endorsement of the cryptocurrency on Twitter. In documents...
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  • Elon Musk defends Tesla's $1.5 billion bitcoin bet as safer than Dogecoin - and says it's less dumb than holding cash

    18 days ago - By Business Insider

    Elon Musk.
    Britta Pedersen-Pool/Getty Images
    Elon Musk defended Tesla's bitcoin investment as a safer bet than Dogecoin, saying it's less dumb than holding cash. Musk was responding to Binance CEO Changpeng Zhao, who called out Tesla's move in a Bloomberg interview. Zhao said he was surprised that Musk is a Dogecoin advocate, given that it was created as a joke. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Elon Musk defended Tesla's $1.5 billion bitcoin bet after the CEO of major cryptocurrency exchange Binance called out the billionaire's support for...
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