He became $6.07 billion richer on Friday, following a 10.8% jump in the electric carmaker’s stock.
Tesla’s shares have surged 500% over the past year as the company increased sales of its Model 3 sedan.
Putting Musk in reach of a payday that is worth $1.8 billion, which would be his second jackpot from the electric car maker in about two months. *
The company’s solid delivery numbers has heightened expectations of a profitable second quarter, which would mark the first time in its history that it would report four consecutive quarters of profit.