Elon Musk's net worth skyrockets nearly $11 billion in 2 days as the Tesla CEO defends his 'funding secured' tweet in trial

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In court, the billionaire defended the tweet, saying it was not a joke because he thought he had funding secured from Saudi Arabia's Investment Fund. He even blamed a major Saudi Arabian investor for later 'backpedaling' to slip out of the deal.

Elon Musk's wealth soared by nearly $11 billion since he took the stand on Friday in the "funding secured" trial.

Musk's gain in wealth comes as he defends his 2018 tweet to take Tesla private for $420 per share in court.

 

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