Meta's stock price rose nearly 12%, and Mark Zuckerberg's net worth increased by nearly 170 billion yuan in a single day

Meta's stock price soared nearly 12% on September 21 local time, with its founder Mark Zuckerberg's net worth estimated at $253.6 billion (approximately 1.7 trillion yuan), a single-day increase of $25 billion (approximately 167.458 billion yuan).

The rise in Meta's stock price is attributed to Wells Fargo raising its target price, combined with investor confidence in the development prospects of its personal AI assistant Muse. On September 21 local time, Wells Fargo raised the stock's target price from $640 to $796 and maintained an overweight rating in anticipation of the Meta Connect conference taking place later this week. The usage statistics of Muse are considered a key indicator that needs attention.