Following Tesla’s stock crash, Elon Musk’s fortune has plummeted, widening the gap between SpaceX CEO and Amazon’s Jeff Bezos.
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3 min read
A few days ago, Elon Musk fell from second to third place in the Forbes billionaires ranking. Today there is no good news for the tycoon either. The sharp collapse in Tesla shares reduced the assets of its CEO, who lost nearly $ 27 billion in just one week.
Tesla’s stock price has plummeted for four days in a row. That’s partly due to a sell off of tech stocks, and also a drop in the value of Bitcoin .
The electric car company invested $ 1.5 billion in Bitcoin on February 8.