Elon Musk's net worth continued to plunge this week as shares of his two flagship companies, Tesla (NASDAQ:TSLA) and SpaceX (NASDAQ:SPCX), retreated amid swirling merger speculation, with traders also positioning ahead of SpaceX's upcoming earnings report.
Elon Musk Net Worth is Down $684 Billion From Peak Bloomberg data showed that Musk's wealth dropped by over $18 billion on Friday to $684 billion.
At his peak, he was worth over $1.33 trillion, meaning he has lost more than $646 billion.
His loss alone exceeds the combined net worth of Larry Page and Jeff Bezos, who were worth a combined $549 billion.
Tesla stock has plunged by 37% from its highest point this year.
