Elon Musk loses $200 billion + Twitter and Tesla Updates
According to a report by Bloomberg, Twitter CEO Elon Musk has become the first person to lose a staggering $200 billion in net worth. This significant drop in wealth can be largely attributed to the decline in value of Musk's shares in electric vehicle company Tesla, of which he is CEO. The value of these shares has decreased by 65% in 2022 and plummeted by 11% in a single day last week. At its peak in November 2021, Musk's fortune was estimated at $340 billion by Bloomberg's Billionaires Index, and he is currently worth $137 billion. Musk was previously the world's wealthiest person, but has…
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