Nikola Corp. (NASDAQ: NKLA) CEO Trevor Milton is flirting with deca-billionaire status as the share price surges in his newly public battery and fuel cell electric trucking startup.
With Nikola stock appreciating more than 300% since it began trading under its own name last week, Milton’s paper wealth has exploded. Based on midday Tuesday trading of $81.68, Milton’s 91,602,734 shares were worth $7.48 billion. He works for a salary of $1 a year.
Milton prefers to talk about how Nikola’s...
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