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Elon Musk Loses World's Richest Tag As One Tweet Costs Him $15 Billion
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<blockquote data-quote="Alex Wood" data-source="post: 26161001" data-attributes="member: 576155"><p><a href="https://www.bloomberg.com/billionaires/id/1954518" target="_blank">Elon Musk</a> is no longer the world’s richest person after <a href="https://www.bloomberg.com/quote/TSLA:US" target="_blank">Tesla Inc.</a> shares slid 8.6% on Monday, wiping $15.2 billion from his net worth.</p><p>Tesla’s biggest decline since September was fueled in part by Musk’s <a href="https://www.bloomberg.com/news/articles/2021-02-22/elon-musk-s-bitcoin-tweet-hurts-tesla-s-own-bet-in-currency" target="_blank">comments</a> over the weekend that the prices of Bitcoin and smaller rival Ether “do seem high.” His message -- via his favored medium of Twitter -- came two weeks after Tesla announced it added $1.5 billion in Bitcoin to its balance sheet. The cryptocurrency, which has surged more than 400% over the past year, tumbled</p><p></p><p></p><p>Source: Bloomberg Billionaires Index</p></blockquote><p></p>
[QUOTE="Alex Wood, post: 26161001, member: 576155"] [URL='https://www.bloomberg.com/billionaires/id/1954518']Elon Musk[/URL] is no longer the world’s richest person after [URL='https://www.bloomberg.com/quote/TSLA:US']Tesla Inc.[/URL] shares slid 8.6% on Monday, wiping $15.2 billion from his net worth. Tesla’s biggest decline since September was fueled in part by Musk’s [URL='https://www.bloomberg.com/news/articles/2021-02-22/elon-musk-s-bitcoin-tweet-hurts-tesla-s-own-bet-in-currency']comments[/URL] over the weekend that the prices of Bitcoin and smaller rival Ether “do seem high.” His message -- via his favored medium of Twitter -- came two weeks after Tesla announced it added $1.5 billion in Bitcoin to its balance sheet. The cryptocurrency, which has surged more than 400% over the past year, tumbled Source: Bloomberg Billionaires Index [/QUOTE]
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