Elon Musk lost $ 27 million for this reason – People – Culture


The CEO of Tesla, Elon Musk, he lost a large sum of money, a severe blow to his capital. On this occasion, US $ 27,000 they dwindled in their fortune, due to the fact that the car manufacturer’s shares fell on the mass sale of shares.

(Read also: 6 Keys to Achieving Success Without Being a Millionaire, According to Elon Musk).

The net worth of Musk, which amounts to 156.9 billion of dollars continues to rank as the second richest in Bloomberg’s billionaire index, but is now $ 20,000 under Jeff Bezos.

(Also: Who is Kimbal Musk, Elon Musk’s ‘rebel’ brother?).

At the end of February, Musk had also lost $ 15.2 billion in a single day, As a product of the fall of Bitcoin. This move caused Tesla shares to fall by 8.6% in one day. In fact, a trill in which Musk claimed that a couple of weeks ago Tesla, one of the best-performing companies on the world stock exchange, had acquired 1.5 billion bitcoins, Generated nervousness in the market, which caused this fall.

(In context: Musk lost $ 15.2 billion and ceases to be the richest man in the world).

Since then, he has ceased to be the richest person in the world, a distinction that is once again occupied by Jeff Bezos, the tycoon of Amazon.

(You may be interested: Second phase of vaccination would be done in parking lots and coliseums).

A frothy climb

Jeff Bezos and Elon Musk

Billionaires Elon Musk (left) and Jeff Bezos

Photo:

Michael Reynolds. EFE / Frederic J. Brown. AFP

By 2020, millionaire Musk had set a record by having one of the fastest streaks of wealth accumulation in history. Last year, Tesla shares soared 743% after millions of dollars were unlocked through the historic compensation package called “Moonshot”.

In January of this year, Musk had overtaken Bezos driven by the constant quarterly earnings and the triumph of Joe Biden, Due to the impetus of the current president of the United States in the clean technologies.

(Also: The ‘top 10’ of billionaires who were ‘poor’ in their beginnings).

However, the steady falls in the Nasdaq index have also caused these sharp blows to the employer’s capital.

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