News – USA – Elon Musk loses the world’s richest title A tweet costs him $ 15 billion

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Musk ranks second on the Bloomberg Billionaires Index of the 500 richest people in the world with a net worth of $ 1834 billion

Tesla CEO Elon Musk slipped again to second place on Bloomberg’s list of the richest people in the world Musk’s net worth slumped by a whopping $ 15 billion in a day after Tesla stock fell 8% on the Monday Jeff Bezos, founder of e-tailer Amazon, once again tops the Bloomberg Billionaires Index Bezos has net worth of $ 186 billion versus Musk’s net worth of $ 183 billion

Tesla saw largest one-day drop in value since September 2020 on Monday. Tesla’s depreciation was fueled primarily by Musk’s comments on Saturday that Bitcoin and Ether prices “appear to be high”

Musk’s tweet came two weeks after Tesla announced it would add $ 1.5 billion in Bitcoin to its balance sheet

Bitcoin, the world’s largest cryptocurrency, slipped up to 125% to 48$ 071 on Tuesday after a bout of volatility revealed doubts about the durability of the token’s fascinating rally

An email stating that you have gold is not the same thing as gold, you might as well have cryptoMoney is just data that we can use to avoid the inconvenience of bartering, this data, like all data, is subject to a & error with Latency The system will evolve into one that minimizes both

The other trigger for Tesla’s depreciation was Musk’s admission, including on Twitter, that Tesla’s Y Standard Range SUV would continue to be “off the menu” as it did not meet the “Standard of Excellence” of the Company matches “

It’s still available off the menu, but I don’t think the range will meet Tesla’s standard for excellence in many driving conditions

Jeff Bezos and Elon Musk swapped places this year as Tesla’s value fluctuated earlier this month, Musk briefly overtook Bezos after his rocket company SpaceX raised $ 850 million and the company raised $ 74 billion rated a jump of 60% over August

Musk’s net worth is up $ 136 billion year-to-date, which ranks second for a billionaire on the Bloomberg Billionaires Index

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Bitcoin, cryptocurrency, Elon Musk, Tesla, Inc

News – USA – Elon Musk loses the richest title in the world A tweet costs him 15 billion dollars
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Source: https://www.livemint.com/companies/people/elon-musk-loses-world-s-richest-title-one-tweet-costs-him-15-billion-11614066047519.html