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Elon Musk adds $82.2B to net worth in 2020 after TSLA stock surge
Tesla CEO Elon Musk’s net worth has increased by over $82 billion in 2020 after a 480% increase in stock price so far this year.
Musk, who helped found Tesla in 2003, is the company’s largest shareholder, and as CEO, helps oversee the company’s day-to-day operations. 2020 has been especially rewarding for the South African-born CEO, who has helped the company establish itself as the electric vehicle tech leader by a considerable margin during the year.
With advancements in battery production, EV tech, and manufacturing techniques, Tesla has seen its share price explode from $86 to over $500 in just over eleven months. Tesla has also reported five consecutive profitable quarters, which has helped its performance on Wall Street.
As for Musk, his considerable wealth has already grown substantially this year. According to Forbes, Musk was worth $24.6B in April 2020, when a steady climb in price per share began and lasted until July. After a short drop in mid-August, TSLA shares once again skyrocketed until August 31st, when the automaker announced a 5:1 stock split to make shares more affordable for retail and younger investors.
As a result of the split, TSLA has overtaken AAPL as millennial’s go-to stock, and the automaker has experienced overwhelming popularity among retail investors.
Musk’s proverbial climb up the World’s Richest list has been monumental, although it is important to highlight the fact that his worth has nothing to do with cash. The CEO doesn’t accept a paycheck from his employer, and under California Law, his minimum salary is left in a Tesla-owned bank account, which is untouched.
Musk’s net worth growth has inspired some politicians, like Bernie Sanders, to ask CEO’s with exponential growth in wealth throughout the year to pay a one-time tax. The bill, which would have required Musk, Amazon founder Jeff Bezos, Facebook CEO Mark Zuckerberg, and the Walton family to pay billions, was never passed.
Bernie Sanders wants Elon Musk to pay a one-time $27.5 billion tax
Musk is set to, once again, surpass Zuckerberg on the list after the surge in stock price added $7.6 billion to his net worth over the past two days. Tesla stock has surged nearly $100 in the past two days, or around 25%, based on the report that the electric automaker’s inclusion in the S&P 500 index. TSLA will join the S&P on December 21st.
As of the end of trading hours on Wednesday, Musk is worth $106.9B, but this number will likely grow based on TSLA’s increase in value during Thursday trading hours. At the time of writing, TSLA shares were up $14.27, or 2.93%, to $500.91 per share.
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Tesla is adding an interesting feature to its centerscreen in a coming update
In a recent dissection of coding, Tesla hacker green noticed that the company is bringing in screenshare with Software Update 2025.38

Tesla is adding an interesting feature to its center touchscreen in a coming update, according to a noted hacker.
In a recent dissection of coding, Tesla hacker green noticed that the company is bringing in screenshare with Software Update 2025.38. Details on the use case are slim, but he said the feature would export the car screen so it could be viewed remotely.
It would bring up a notification on the screen, along with a four-digit pin that would link the two together:
hm, have not noticed at first, but 2025.38 also brings in a “screenshare” service to export the car screen so you can view it remotely (details are unclear yet).
When you do it there’s going to be a notification on the screen. Secured by a super-duper static 4-digits pin…— green (@greentheonly) October 17, 2025
As previously mentioned, the use case is unclear, but there are some ideas. One of which is for remote support, which is something Apple has used to help resolve issues with its products.
Support staff and employees routinely tap into customers’ screens to help resolve issues, so this could be a way Tesla could also use it.
This seems especially relevant with Robotaxi, as the screen might be a crucial part of resolving customer complaints when there is no employee in the car.
Additionally, it seems as if it will not be exclusive to those owners who have newer vehicles that utilize the AMD chip. Intel will get support with the new feature as well, according to what green has noticed in the coding.
Finally, it could also be used with all sorts of content creation, especially as Full Self-Driving videos and what the vehicle sees in Driver Visualization.
As it is released, Tesla will likely release more information regarding what the screensharing mode will be used for.
For right now, many owners are wondering where it could actually work and what advantages it will offer for owners as well as the company itself.
Elon Musk
SpaceX posts Starship booster feat that’s so nutty, it doesn’t even look real
The Super Heavy booster’s feat was so impressive that the whole maneuver almost looked like it was AI-generated.

SpaceX has shared a video of a remarkable feat achieved by Starship’s Super Heavy booster during its 11th flight test.
The Super Heavy booster’s feat was so impressive that the whole maneuver, which was captured on video, almost looked like it was AI-generated.
Super Heavy’s picture perfect hover
As could be seen in the video shared by SpaceX, Starship’s Super Heavy booster, which is nearly 400 feet tall, smoothly returned to Earth and hovered above the Gulf of America for a few seconds before it went for its soft water landing. The booster’s picture-perfect maneuver before splashing down all but capped a near-flawless mission for Starship, which is about to enter its V3 era with Flight 12.
The booster’s balance and stability were so perfect that some users on X joked that the whole thing looked AI-generated. Considering the size of Super Heavy, as well as the fact that the booster was returning from space, the hovering display all but showed that SpaceX is dead serious about keeping its dominant lead in the spaceflight sector.
Starship V2’s curtain call
As noted in a Space.com report, Flight Test 11 achieved every major goal SpaceX had set for the mission, including deploying Starlink mass simulators, relighting Raptor engines in space, and executing a stable reentry for both the Starship Upper Stage and the Super Heavy booster. The feat also marked the second time a Super Heavy booster has been reflown, a milestone in SpaceX’s quest to make the entire Starship system fully reusable.
Starship’s V2 vehicle will now give way to the upgraded Starship V3, which is designed for faster turnaround and higher payload capacity. The Starship program is expected to pursue even more aggressive targets in the coming months as well, with Elon Musk stating on social media platform X that SpaceX will attempt a tower catch for Starship Upper Stage as early as spring 2026.
Elon Musk
After moving Tesla to Texas, Elon Musk is back in the Bay Area with Neuralink expansion
The news marks a noticeable step in Musk’s expanding presence in the Bay Area, despite the move of his biggest companies, Tesla and SpaceX, to Texas.

Recent reports have indicated that Elon Musk’s brain-implant startup, Neuralink, has leased a five-story, 144,000-square-foot building in South San Francisco. At the same time, Musk’s artificial intelligence startup xAI is reportedly also looking around for a Bay Area office.
The news marks a noticeable step in Musk’s expanding presence in the Bay Area, despite the move of his biggest companies, Tesla and SpaceX, to Texas.
Neuralink’s Bay Area expansion
As noted in a report from the San Francisco Business Times, the property that Neuralink has leased is located at 499 Forbes Boulevard, and it was built by Aralon Properties before it was leased to cancer test developer InterVenn Biosciences. The site, however, had remained vacant since 2023 after InterVenn canceled its 10-year lease.
xAI, Musk’s artificial intelligence startup, is reportedly scouting for an even larger Bay Area office as well, as noted in a report from the San Francisco Chronicle. Combined, the two ventures could secure nearly 400,000 square feet of local workspace, a move seen as a symbolic return of sorts for Musk-led innovation to Silicon Valley.
Neuralink’s momentum
Founded in 2016, Neuralink develops brain-computer interfaces intended to help paralyzed patients control digital devices through thought. The company received U.S. regulatory approval in 2023 to begin human trials, with its first patient, quadriplegic Noland Arbaugh, making headlines for his stunning ability to control a computer cursor and play games using only his mind. Since receiving his implant, Arbaugh has stated that he now browses the web, plays video games like Mario Kart, studies neuroscience, and operates his smart home without lifting a finger.
Nauralink is only just getting started, with Elon Musk noting on X that the company is busy preparing its next product, Blindsight, for human trials. As per Musk, Neuralink is “aiming to restore (limited) sight to the completely blind next year,” an aggressive target for a potentially life-changing device.
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