Elon Musk's Wealth Evaporated IDR 134 Trillion in a Day

1 year ago
4

The wealth of the boss of Twitter, SpaceX and Tesla, Elon Musk, has fallen by 100 billion US dollars (Rp. 1,569 trillion) this year. That way, Musk's total net worth is currently estimated to be US $ 170-182 billion (Rp. 2,669 - 2,857 trillion). This amount is down from previous estimates, because Musk's wealth in November 2021 is estimated at 340 billion US dollars (Rp 5,334 trillion). The reason for the drop in Elon Musk's fortune was because Tesla's stock price slumped to its lowest level in two years this week. As a result, Musk's wealth disappeared around 8.6 billion US dollars (Rp. 134 trillion) in just one day. According to Bloomberg, Musk owns about a 15 percent stake in Tesla after selling the other half to fund his purchase of Twitter.

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