Elon Musk widens lead as richest individual on world – Occasions of India

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NEW YORK: Elon Musk desires Jeff Bezos to know he’s No 1. Tesla Inc.’s co-founder responded to a tweet from Bezos early on Monday with a silver medal emoji after the hole between the world’s two richest folks elevated final week by way of the surging valuation of Musk’s rocket firm SpaceX. His internet price is now $222 billion, whereas Amazon-.com Inc.’s Bezos is at $190.8 billion, in line with the Bloomberg Billionaires Index.
The jab escalates the general public spat between the 2 billionaires, who’re each attempting to revolutionize the house business.
Bezos’s Blue Origin is difficult a U.S. authorities contract with SpaceX to develop know-how to land folks on the moon once more, whereas Musk has beforehand taken to Twitter to name Amazon’s founder a “copy cat” for his e-commerce agency’s space-focused ventures. In a current submitting with U.S. regulators, Amazon’s satellite tv for pc subsidiary additionally accused Musk and his firms of flouting laws with a basic angle that “guidelines are for different folks.”
In his tweet late Sunday, Bezos posted a picture of a 1999 article from Barron’s that criticized Amazon and described it as one in all many tales that predicted his firm’s demise. Musk, 50, added about $9 billion to his fortune Friday after an settlement with traders valued SpaceX in extra of $100 billion, greater than quadruple the dimensions of Blue Origin, in line with Bloomberg’s wealth index. Musk nonetheless derives round three-quarters of his wealth from Tesla, which he co-founded in 2003 after making a fortune from the sale of e-commerce web site PayPal to eBay Inc. for $1.5 billion.


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