5 Articles
5 Articles
Elon Musk lost his trillionaire status—but he says ‘it’s not like it’s sitting in a bank account’
In the span of just three days, SpaceX founder Elon Musk ascended to trillionaire status before crashing out of the club in a billion-dollar downturn. And while he remains the richest person in the world by a $600-billion longshot, the entrepreneur says his wealth is always at the whim of his companies’ success. “Trillionaire represents […]
Elon Musk lost his trillionaire status again on Thursday, just days after regaining it. According to Forbes, Musk's fortune fell by $36.4 billion in one day to $991.6 billion. The loss was due to the decline in the value of SpaceX and Tesla shares. SpaceX shares fell by about 3.5% on Thursday to $162, while Tesla shares fell by more than 2% to about $370. The pressure on SpaceX shares was intensified by information that …
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