Musk lost $ 50 billion in two days

by time news

American entrepreneur Elon Musk lost over $ 50 billion in two days due to the fall in stock prices of Tesla, which he owns. Such data was disseminated by Bloomberg agency. The electric car maker’s stock began to fall after Musk asked Twitter followers last weekend if he should sell his 10% stake in the company.

On Tuesday, by the close of trading on the New York Stock Exchange, the value of Tesla shares fell by more than 16%, which affected the assessment of the well-being of the entrepreneur himself. The Bloomberg website does not indicate the size of Musk’s fortune, but it is emphasized that his gap from the second place, which Jeff Bezos retains, has narrowed to $ 83 billion, writes TASS.

Recall that the majority of Twitter users who took part in the survey on Elon Musk’s page supported the option of selling 10% of Tesla shares. 57.9 percent of the more than 3.5 million participants voted for this. Previously, the Tesla founder promised he would stick to the voting results. After the poll, Musk noted that he was ready to accept any result.

Earlier, in early November, Musk became the first person in the world, whose fortune reached $ 300 billion. This happened as a result of the rise in the price of Tesla shares, which broke the record during trading, exceeding the mark of $ 1,154 per share.

.

You may also like

Leave a Comment