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Musk said money doesn’t matter. The market just took $1.2tn of it anyway.
“Money doesn’t matter,” Elon Musk said last week. Days later he launched a payments service, X Money, and described himself as a “former trillionaire”. The market had just proved his first point in the least flattering way. SpaceX
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afr.com
Elon Musk’s wealth plummets to pre-SpaceX IPO level
The world’s first trillionaire – no longer – has seen his net worth shredded by $850 billion in just over a month as shares in both SpaceX and Tesla tumbled.
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economictimes.indiatimes.com
Elon Musk loses nearly half of his wealth as SpaceX shares crash 46%. More downside ahead?
Musks wealth peaked at around $1.33 trillion on June 16, when SpaceX shares soared to a lifetime closing high of nearly $202 apiece. However, as the shares crashed, Musks net…
