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Posted on June 29, 2010 | tags

 
 

Biz: Tesla Motors’ IPO = Elon Musk isn’t broke anymore!

  • 40% the amount the stock increased on its IPO day (it was a great day)
  • 3.85% the amount the NASDAQ as a whole fell today (it was a bad day)

Elon Musk scored big, too

  • $70M the amount that Musk put into Tesla Motors all by himself – he was broke before today
  • $650Mthe amount that Musk’s share in the company is worth after today – not bad, duder
  • $15M the amount Musk took out to ensure his Tony Stark-like life can continue source