Tesla's stock price surged by 22%, Musk's wealth skyrocketed over $26 billion overnight

On Thursday, Eastern Time (October 24), Tesla's stock price achieved its best performance in 11 years, and the wealth of the company's CEO and world's richest man, Musk, increased by more than $26 billion. On Thursday, Tesla's stock price rose by 21.92%, closing at $260.48 per share, marking its best single-day gain since 2013 and increasing its market value by about $150 billion. The approximately 22% increase on Thursday was also the second-largest rise since the company went public in 2010. According to Forbes' latest data, Musk currently has a personal fortune of $2698 billion (as of October 24), which increased by $26.4 billion on Thursday alone - an increase of as much as 10.83%.