According to Bloomberg data, Elon Musk, the CEO of SpaceX and Tesla, got almost $5 billion richer in the last nine days. He is currently on 37th spot on the wealthiest people of the world ranking by Bloomberg, with a worth of around $21.3 billion.
According to CB Insights, the valuation of SpaceX has reached to $21.2 billion, after it closed a $350 million equity funding round on July 27.
On Thursday, the stock prices of Tesla also surged by 7 percent. This added $800 million to Musk’s total wealth.
Elon Musk tweeted about how it is to be a CEO of multiple high-performing companies. He tweeted, “The reality is great highs, terrible lows and unrelenting success.”
He also clarified his thoughts on Artificial Intelligence. He had recently, in an interview, talked about the risks of Artificial intelligence and even called it “the greatest risk we face as a civilization.” This reaction caused a lot of criticism from various roboticists, tech magnates and even Facebook founder, Mark Zuckerberg.
But Musk put up a tweet saying that Zuckerberg has a limited understanding of AI.
He clarified recently and said that it is also the responsibility of the government to have some insight in the field of AI. They should decide, what rules can be applied to ensure public safety. He also said that there are many benefits of AI, but he only meant to make sure that nothing bad comes out of it.