Dow crosses 30,000, and Elon Musk is richer than Bill Gates: CNBC After Hours

November 24, 2020 by News Desk

CNBC published this video item, entitled “Dow crosses 30,000, and Elon Musk is richer than Bill Gates: CNBC After Hours” – below is their description.

CNBC.com’s MacKenzie Sigalos brings you the day’s top business news headlines. Today was a historic day on Wall Street — the Dow crossed 30,000 for the first time on record. CNBC.com’s Pippa Stevens explains what Dow points are, why they’re important, and why 30,000 is such a significant milestone. Plus, CNBC Wealth Editor Robert Frank breaks down how Tesla’s meteoric stock performance added billions to Elon Musk’s personal fortune, making him richer than Bill Gates, at least on paper.
CNBC YouTube Channel

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About This Source - CNBC

CNBC is an American pay television business news channel owned by NBCUniversal News Group, a division of NBCUniversal, with both indirectly owned by Comcast. Headquartered in Englewood Cliffs, New Jersey, the network primarily carries business day coverage of U.S. and international financial markets. Following the end of the business day and on non-trading days, CNBC primarily carries financial and business-themed documentaries and reality shows.

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In This Story: Elon Musk

Elon Reeve Musk FRS is a business magnate, industrial designer, engineer, and philanthropist. He is the founder, CEO, CTO and chief designer of SpaceX; early investor, CEO and product architect of Tesla, Inc.; founder of The Boring Company; co-founder of Neuralink; and co-founder and initial co-chairman of OpenAI.

He has hit the headlines for a number of reasons including; marriage to Grimes, being sued by a cave rescuer, involvement in the promotion of cryptocurrency – mainly Bitcoin and Doge.