Tesla’s founder and CEO (CEO), Elon Musk, as well as Amazon’s Jeff Bezos and Meta’s Mark Zuckerberg’s net worth rose Monday, May 12, 2025, with the U.S. stock market gathering more than $30 billion after the U.S. stock market after a deal in the U.S. and China.
according to Forbes Elon Musk’s net worth grew by more than $11 billion as Tesla shares rally in the U.S. market on Monday. Others, such as Amazon founder Jeff Bezos, whose net worth has risen by $13 billion, while Mark Zuckerberg’s net worth has recorded $12 billion in earnings.
Amazon’s market capitalization (M-CAP) rose 8.03% to $2.214 trillion, as the company’s stock rose more than 7% on Monday, according to CompanyMarketCap data.
Meta Platforms’ M-CAP rose 7.73% to $1.604 trillion as of May 12, 2025, while electric vehicle (EV) giant Tesla’s M-CAP rose 6.86% to $10.26 trillion, according to data.
Today’s US market
U.S. stock markets witnessed a rally after the results of the U.S.-China trade negotiations, which sparked optimism among investors. The Dow Jones Industrial Average traded at 2.6%, at 42,320.96 points, respectively, while the former Wall Street ended at 41,249.38 points.
As of EDT 1:59 PM (EDT), the S&P 500 was 3.04% higher at 5,832.40 points, compared with 5,659.91 points in the previous market meeting.
The high-tech Nasdaq composite rate rose 4.18%, with a higher trading price of 18,680.40 points, while the previous U.S. market ended, trading rates rose 17,928.92 points.
United States – China Tariff Agreement
After three days of discussion, the United States and China negotiated an agreement and decided to lower the high-priced tariff rate on their imported goods.
China recommends reducing its tariff rate to 10%, compared with the current level of 125%. On the other hand, the United States has also decided to raise its tariff rate to 30%, while the current tariff rate is 145%. Mint Early reports.
Investors around the world mark this negotiation as the first step towards a downgrade of geopolitical uncertainty that has been raging between the United States and other world countries, especially China.
This is the first downgrade move since the U.S. president’s overall tariffs on Asian countries restricting imports. China retaliated for imposing 125% tariffs on all U.S. imports last month.
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