Elon Musk's wealth dropped by $18 billion in one day
Elon Musk, the owner of companies like Tesla, X and SpaceX, is the richest person in the world, and even with billions of dollars in his wealth, it seems difficult to take away that title.
According to the American Journal, his wealth has decreased by more than 18 billion dollars in one day. On January 25, the price of Tesla shares fell by 13%, as a result of which Elon's wealth also decreased by more than 18 billion dollars. Decreased.
It should be noted that Elon Musk owns 21% of Tesla's shares and 68% of his net worth is tied to shares of the same company.
On January 24, Tesla's quarterly earnings report was released, which indicated that several targets could not be met. As a result, on January 25, Tesla lost $80 billion and Elon lost $18.8 billion.
Despite this huge decline, Elon Musk still owns $198 billion and remains the richest person in the world. His wealth is $15 billion more than Jeff Bezos, who is second on the list.