Elon Musk’s posts are costing him a lot, APA reports citing Bloomberg.
The world’s richest person lost $34 billion from his personal net worth at the end of the day, according to the Bloomberg Billionaires Index.
That would make it the second-largest loss ever in the index’s history, according to Bloomberg, second only to Musk’s bigger dive in November 2021.
The loss is a drop in the bucket for the Tesla and SpaceX chief. As of June 5, he was still the richest person in the world, with a net worth of around $334 billion.
Tesla shares fell 14% on Thursday, wiping off more than $150 billion off electric vehicle company’s market value. It was the biggest single-day drop in market value of all time, according to FactSet.
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