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Elon Musk gains another $2 billion, report says

The Tesla CEO reportedly has another 1.69 million stock options.

Corinne Reichert Senior Editor
Corinne Reichert (she/her) grew up in Sydney, Australia and moved to California in 2019. She holds degrees in law and communications, and currently writes news, analysis and features for CNET across the topics of electric vehicles, broadband networks, mobile devices, big tech, artificial intelligence, home technology and entertainment. In her spare time, she watches soccer games and F1 races, and goes to Disneyland as often as possible.
Expertise News, mobile, broadband, 5G, home tech, streaming services, entertainment, AI, policy, business, politics Credentials
  • I've been covering technology and mobile for 12 years, first as a telecommunications reporter and assistant editor at ZDNet in Australia, then as CNET's West Coast head of breaking news, and now in the Thought Leadership team.
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Corinne Reichert
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Elon Musk is reportedly worth another $2 billion.

 James Martin/CNET

Elon Musk has gained an extra 1.69 million stock options due to average trailing market value being above $150 billion over six months, Bloomberg reported Tuesday. While the CEO reportedly has to wait five years before selling those shares, they currently have a value of around $2.1 billion according to Bloomberg's own data.

Tesla is now worth more than Volkswagen, Toyota and Hyundai combined, Bloomberg reported. This is despite Tesla shares falling by almost 5% Tuesday.

Also jumping in net worth this week is Amazon CEO Jeff Bezos, who gained $13 billion in a single day. Amazon stock jumped by more than 7% Monday. Bezos is reportedly slated to become the first trillionaire by 2026.

Tesla didn't immediately respond to a request for comment.

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