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Elon Musk's Wealth Drops by $8.6 Billion in One Day

News Snapshot:

Tesla, SpaceX, a nd Twitter CEO Elon Musk saw his wealth plummet by $100 billion dollars this year, bringing his net worth to somewhere between $170 billion and $ 182 billion , according to estimates from Bloomberg and Forbes. That’s d own from an estimated $340 billion in November 2021. The drop comes as Tesla shares decreased to a two-year low this week , reducing Musk’s wealth by about $8.6 billion in just one day. Musk reportedly owns around a 15 percent stake in Tesla shares which has decreased by 58.03% year to date , according to Bloomberg. He sold…

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