The Tesla shares were worth $2.6 billion at the time. They're now worth $8.4 billion.
Tesla’s CEO gave 0.110 Tesla shares to SolarCity stockholders for every share they owned in the solar-energy company. Based on the electric-car maker’s $230 stock price in late July 2016, the deal valued each SolarCity share at $25.36 at the time.
However, Tesla’s stock has surged roughly 320% to about $745 since then, and briefly passed $960 this week. Based on its current price, Musk paid over $80 per SolarCity share – more than triple what he planned to spend.
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