Musk is first person to lose $200B
Elon Musk has the notorious distinction of becoming the first person ever to lose $200 billion, Bloomberg reports. Now worth $137 billion, Musk had a net worth of $340 billion in November 2021. Tesla's CEO, who also acquired Twitter in October for $44 billion, owes much of the decline to the sagging performance of the electric carmaker, whose shares fell 65% in 2022, according to Bloomberg. In response, Musk told Tesla employees that they should "not be too bothered by stock market craziness."
Elon Musk has the notorious distinction of becoming the first person ever to lose $200 billion, Bloomberg reports. Now worth $137 billion, Musk had a net worth of $340 billion in November 2021. Tesla's CEO, who also acquired Twitter in October for $44 billion, owes much of the decline to the sagging performance of the electric carmaker, whose shares fell 65% in 2022, according to Bloomberg. In response, Musk told Tesla employees that they should "not be too bothered by stock market craziness."
Musk is first person to lose $200B
Elon Musk has the notorious distinction of becoming the first person ever to lose $200 billion, Bloomberg reports. Now worth $137 billion, Musk had a net worth of $340 billion in November 2021. Tesla's CEO, who also acquired Twitter in October for $44 billion, owes much of the decline to the sagging performance of the electric carmaker, whose shares fell 65% in 2022, according to Bloomberg. In response, Musk told Tesla employees that they should "not be too bothered by stock market craziness."
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