The fallen rocket brought down the well-being of the Musk
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Bloomberg: Musk’s fortune decreased by $12.6 billion during the day
The fortune of American entrepreneur Elon Musk, the owner of Tesla, SpaceX and the social network Twitter, decreased by $12.6 billion during the day, the agency informs. Bloomberg.
Based on the Bloomberg Millionaires Index, the losses incurred by the billionaire were a record since the beginning of 2023. This significant decline was caused by a 9.75% drop in Tesla shares, whose performance during the first quarter did not live up to expectations, as well as the explosion of the Starship prototype super-heavy spacecraft, which was launched Thursday morning from the Boca Chica space center in Texas. Musk also lost money due to the refusal of a significant part of Twitter users to pay for a paid subscription to Twitter Blue, which costs $8 a month.
The 51-year-old businessman is on the second line in the ranking of the richest people in the world, behind only the head of the VMH group of companies (Louis Vuitton Moet Hennessy) Bernard Arnault. Musk is worth $164 billion.
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