Elon Musk Is Richest By A Mile And Wants Jeff Bezos To Know It.

Elon Musk Is Richest By A Mile And Wants Jeff Bezos To Know It

The jab escalates public spat between Elon Musk and Jeff Bezos.

Tesla Inc.'s co-founder responded to a tweet from Bezos early Monday with a silver medal emoji after the gap between the world's two richest people increased last week through the surging valuation of Musk's rocket company SpaceX. His net worth is now $222 billion, while Amazon.com Inc.'s Bezos is at $190.8 billion, according to the Bloomberg Billionaires Index.

The jab escalates the public spat between the two billionaires, who are both trying to revolutionize the space industry.

Bezos's Blue Origin is challenging a U.S. government contract with SpaceX to develop technology to land people on the moon again, while Musk has previously taken to Twitter to call Amazon's founder a "copy cat" for his e-commerce firm's space-focused ventures. In a recent filing with U.S. regulators, Amazon's satellite subsidiary also accused Musk and his companies of flouting regulations with a general attitude that "rules are for other people."

In his tweet late Sunday, Bezos posted an image of a 1999 article from Barron's that criticized Amazon and described it as one of many stories that predicted his company's demise.

Listen and be open, but don't let anybody tell you who you are. This was just one of the many stories telling us all the ways we were going to fail. Today, Amazon is one of the world's most successful companies and has revolutionized two entirely different industries. pic.twitter.com/MgMsQHwqZl
- Jeff Bezos (@JeffBezos) October 11, 2021

Musk, 50, added about $9 billion to his fortune Friday after an agreement with investors valued SpaceX in excess of $100 billion, more than quadruple the size of Blue Origin, according to Bloomberg's wealth index.

Musk still derives around three-quarters of his wealth from Tesla, which he co-founded in 2003 after making a fortune from the sale of e-commerce site PayPal to eBay Inc. for $1.5 billion.

(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)

NDTV News

NDTV.com provides latest news from India and the world. Get today’s news headlines from Business, Technology, Bollywood, Cricket, videos, photos, live news coverage and exclusive breaking news from India.

https://www.ndtv.com/

Related news
Egyptians Try to Eat a One-Kilogram Burger

Egyptians Try to Eat a One-Kilogram Burger

Five contestants feast their eyes on a one-kilogram burger in a competition organized by a local eatery, awarding a $63 voucher to whoever can finish the mountain of meat. Dubbed 'The Four Seasons' competition, the burger is topped with a hefty am...

1

Watch Live: House votes on holding Steve Bannon in criminal contempt.

Watch Live: House votes on holding Steve Bannon in criminal contempt.

The House is voting Thursday at 4 p.m. ET on whether to hold top adviser to former President Trump Steve Bannon in criminal contempt after he defied a subpoena to appear and provide documents to the select committee investigating the January 6 att...

AG Garland grilled on Hunter Biden's art sales

AG Garland grilled on Hunter Biden's art sales

Rep. Ken Buck presses Attorney General Merrick Garland on the value of Hunter Biden's art, highlighting that one piece has sold for more than the average house in America. Buck then called for an investigation into the president's son. Subscribe t...

Assisted dying: What is the practice, and could it become legal in the UK?.

Assisted dying: What is the practice, and could it become legal in the UK?.

WARNING: This video contains a description of suicide which some viewers may find distressing. A bill on assisted dying is to return to parliament for the first time in six years, when attempts to legalise it in the UK failed. Since then, there ha...

ABC NEWS LIVE: House to vote to hold Steve Bannon in contempt Wednesday.

ABC NEWS LIVE: House to vote to hold Steve Bannon in contempt Wednesday.

Plus, new developments in the manhunt for Brian Laundrie and the Biden administration is rolling out a multi-intel agency report on climate change. #abcnl #stevebannon #january6 #brianlaundrie #manhunt #climatechange

India Marks Milestone Hitting One Billion COVID Jabs.

India Marks Milestone Hitting One Billion COVID Jabs.

India’s progress is significant for countries across Asia and Africa as it enables the world’s largest vaccine maker to resume exports Originally published at -