Musk beats Zuckerberg to become 3rd-richest person as Tesla enters S&P 500

Tesla will enter the S&P 500 on Dec. 21 following months of speculation and one temporary setback, when the stock failed to make the cut during the index's quarterly rebalancing in early September

It’s been an eventful few days for Elon Musk.

The billionaire tested positive for Covid-19, his rocket company launched four astronauts into space, and on Monday his electric carmaker Tesla Inc. was named for inclusion in the S&P 500 Index.

The last bit of news also means Musk, 49, became the world’s third-richest person, leapfrogging Mark Zuckerberg.

Tesla surged as much as 15% on Monday in after hours trading. On Tuesday, the shares ended up 8.2%, pushing his fortune $7.6 billion higher to $109.7 billion, according to the Bloomberg Billionaires Index. His wealth has jumped $82.2 billion this year, the biggest gain on