Enlarge photo of Mark Zuckerberg (left) and Elon Musk. [사진 출처 = 연합뉴스]
Elon Musk (52), CEO of Tesla, managed to regain the position of ‘3rd richest person in the world’, which he had long lost to CEO of Meta (39) Mark Zuckerberg.
As both companies recently announced their first quarter earnings this year, Tesla’s stock price rose significantly and Meta’s stock price fell.
According to Bloomberg News on the 26th (local time), Zuckerberg’s net worth currently fell to $157 billion (about 216.3 trillion won), ranking third on the ‘Bloomberg Billionaire Index’ behind Musk with $184 billion (about 253.6 trillion won) .
This is because Meta’s stock price plunged about 11% the previous day, reducing Zuckerberg’s net asset value by $18 billion (about 24.8 trillion won).
Zuckerberg owns 345 million shares of Meta stock, and since most of his assets are Meta stock, he is highly affected by fluctuations in stock prices.
As Meta’s stock price rose steadily, so did Zuckerberg’s asset value, surpassing Musk in 5th and third place on the Bloomberg Billionaires Index, but Musk pulled back in about three weeks.
Meta’s first quarter performance announced on the 24th exceeded market expectations, but its second quarter guidance (its own forecast) fell short of market expectations and the company announced that it would increase spending on intelligence investment artificial intelligence (AI), raising concerns about profitability.
On the other hand, despite performance well below market expectations, Tesla was picked by investors as Musk announced the launch of a low-cost electric vehicle earlier than expected and expressed confidence in the self-driving robo-taxi business. drive (unmanned).
Tesla’s stock price rose about 12% on the 24th, the day after the earnings announcement, and then rose about 5% on the 25th, increasing Musk’s asset value by $5.8 billion (about 8 trillion won) over two days.
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