On May 30, Musk arrived in Beijing by private jet for a trip to China, three years after he last set foot in the country.
Along with Musk's visit to China, Tesla's stock price also rose further,On May 30, it closed up more than 4 percent after rising nearly 6 percent in early trading, with its market value surging more than $25 billion overnight.
On May 31, Tesla shares rose 1.38% to $203.93, bringing their year-to-date gain to 88.65%. Musk's fortune has risen by more than $55.3 billion this year thanks to a surge in Tesla's stock price.
Meanwhile, shares in luxury giant LVMH, owned by former world richest man Bernard Arnault, fell 2.6 percent in Paris trading on Wednesday.
According to the Bloomberg Billionaires Index, Musk's current net worth is about $192.3 billion, while Arnault's is about $186.6 billion,That means Musk has overtaken Arnault to return to the top spot.
In addition, after Musk's visit to China, Tesla's stock price went up, which also reflects investors' optimism about Tesla's business in China. Currently, Tesla's Shanghai Gigafactory has become its largest production base in the world.
And Musk's visit to China, or will open a number of new projects, industry analysts said that Musk's visit, will unveil the arrival of the new domestic Model 3, at the same time to promote the FSD landing in China and battery factory construction.
The latest news shows that yesterday evening, Musk's private plane (registration number: N628TS) from Beijing, around 21:29, landed in Shanghai Hongqiao Airport, Musk went to Shanghai Tesla factory late at night, to participate in related activities.
According to the flight routine information, his private plane will take off from Hongqiao Airport at 10:00 on June 1 and return to the United States.It is expected to arrive at Austin Bergstrom Airport on June 1 at 10:05 local time.