The CEO of Tesla Inc, Elon Musk, has moved ahead of Meta CEO Mark Zuckerberg to claim the title of the world's third-richest billionaire, following a resurgence in Tesla's stock value.
What Happened: According to a recent Bloomberg Billionaires Index, Musk's net worth has climbed to $185 billion, marking an almost 9% surge from earlier this week.
This increase positions him ahead of Zuckerberg, whose net worth is now $157 billion, a result of Meta's disappointing earnings that caused a $14 billion dent in Zuckerberg's wealth.
This shift in billionaire rankings follows Zuckerberg's overtaking of Musk earlier this month, marking the first occurrence since 2020.
Despite a 31% dip in Tesla's shares year to date, they have seen an over 18% rise since Tuesday's earnings report. Musk's promises of new model rollouts and ramped-up production have ignited investor optimism for a Tesla comeback.
In contrast, Meta's shares have fallen nearly 11% since Wednesday's earnings report, despite a roughly 27% increase over the same period.
Zuckerberg has cautioned investors about potential share price instability as Meta pivots towards AI adoption, a move projected to cost the company $40 billion in capital expenditures.
The competition between the two CEOs has been longstanding, escalating after Meta unveiled a Twitter rival soon after Musk acquired the social media platform in 2022.
Why It Matters: This recent shift in billionaire rankings comes amid several noteworthy events. In April 2024, Tesla disclosed a complex web of transactions totaling $9.1 million between Musk's various companies, including SpaceX, X (formerly Twitter), and The Boring Company. This raised questions about corporate governance.
Additionally, Musk publicly opposed a proposed TikTok ban in the U.S., stating that it contradicts the principles of free speech and expression.
On the other end, Zuckerberg shed light on the ongoing trend of layoffs within the tech industry in February 2024, attributing it to a shift towards more efficient operational models. This came as Meta's stock reached an all-time high following significant staff reductions.
This content was partially produced with the help of Benzinga Neuro and was reviewed and published by Benzinga editors
在特斯拉股票價值回升之後，特斯拉公司首席執行官埃隆·馬斯克已經領先於Meta首席執行官馬克·扎克伯格，奪得了全球第三富有的億萬富翁的頭銜。
發生了什麼：根據彭博億萬富翁最近的指數，馬斯克的淨資產已攀升至1850億美元，比本週早些時候增長了近9％。
這一增長使他領先於扎克伯格，扎克伯格的淨資產現在爲1570億美元，這是由於Meta令人失望的收益導致扎克伯格的財富減少了140億美元。
億萬富翁排名的這種變化是在扎克伯格本月早些時候超越馬斯克之後發生的，這是自2020年以來的首次變化。
儘管特斯拉的股價今年迄今爲止下跌了31％，但自週二的業績發佈以來，它們已經上漲了18％以上。馬斯克承諾推出新車型和提高產量，這激發了投資者對特斯拉捲土重來的樂觀情緒。
相比之下，自週三業績發佈以來，Meta的股價已下跌近11％，儘管同期增長了約27％。
扎克伯格已提醒投資者，隨着Meta轉向採用人工智能，股價可能不穩定，此舉預計將使該公司損失400億美元的資本支出。
兩位首席執行官之間的競爭由來已久，在馬斯克於2022年收購社交媒體平台後不久，Meta公佈了推特競爭對手，競爭不斷升級。
爲何重要：最近億萬富翁排名的這種變化是在幾個值得注意的事件中發生的。2024年4月，特斯拉披露了馬斯克旗下的多家公司之間總額爲910萬美元的複雜交易網絡，包括SpaceX、X（前身爲推特）和The Boring Company。這引發了有關公司治理的問題。
此外，馬斯克公開反對美國擬議的TikTok禁令，稱該禁令違背了言論和言論自由的原則。
另一方面，扎克伯格闡明瞭2024年2月科技行業持續的裁員趨勢，將其歸因於向更高效的運營模式的轉變。在此之際，Meta 的股票在大幅裁員後創下歷史新高。
該內容部分是在Benzinga Neuro的幫助下製作的，並由Benzinga編輯審查和出版。
