$350 Billion Wipeout: Trillionaire Elon Musk Breaks World Record for Biggest Wealth Loss Ever as SpaceX Slumps
SpaceX’s soaring valuation and Tesla stake pushed his fortune far ahead of Larry Page, Jeff Bezos and other rivals, Bloomberg said.
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5 Articles
$350 Billion Wipeout: Trillionaire Elon Musk Breaks World Record for Biggest Wealth Loss Ever as SpaceX Slumps
Elon Musk has suffered a record-breaking loss of personal wealth in the United States this week, after a steep slump in SpaceX's share price wiped an estimated $350bn (£264bn) from the trillionaire's fortune in just seven days, according to Forbes calculations. SpaceX stock earlier this month briefly turned Musk into the world's first trillionaire on paper. Shares in his rocket, satellite and artificial intelligence company surged as much as 67p…
Business Insider
The New York LedgerTrillionaire Elon Musk has broken the rich list
Elon Musk's net worth exceeds $1 trillion.Matt Rourke/APElon Musk is too rich for the rich list.The Tesla and SpaceX CEO, worth $1.1 trillion, is wealthier than the next four richest people combined.Musk lost more than Warren Buffett's entire net worth on Monday.Elon Musk is now so wealthy that he's making a mockery of the rich list.The Tesla and SpaceX CEO was worth $1.08 trillion as of Monday's market close, per the Bloomberg Billionaires Inde…
Musk became the world's first trillionaire after his company, SpaceX, went public. Since then, people have been trying to imagine the extent of his fortune. Some have calculated that if you stacked $1 trillion in $100 bills, it would be nearly 1,093 kilometers high, the author notes. John D. Rockefeller, one of the richest men in American history and owner of Standard Oil, had a fortune equal to 1.5 percent of the US GDP, and Musk's fortune is m…
When his company, SpaceX, debuted on the stock exchange, the billionaire became the world's first trillionaire. According to the American "Newsweek," his net worth is now comparable to the annual GDP of Switzerland. But that's not all.
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