New York: Tesla’s market value soared to more than US$500bil Tuesday ahead of its listing on the S&P 500, with its stock finishing up 6.4% or by nearly US$32bil in 24 hours.
That gave it a valuation of US$526bil, a rise of more than 560% since the start of the year; and means founder Elon Musk, who owns 18% of the company, earned US$100bil in the same period.
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