Elon Musk lost 16 billion dollars in one day

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According to Forbes, the richest person in the United States, billionaire and businessman Elon Musk, lost $ 16.1 billion in one day, and this is evidenced by data from the agency’s billionaires index. Bloomberg.

As the agency noted, the entrepreneur’s fortune fell due to the weak financial performance of Tesla, founded by Musk, in the third quarter of 2023. Tesla shares fell 9.3% following the release of the quarterly report due to lower profits and sales.

Musk owns about 13% of Tesla shares, according to regulatory filings dated April 2023. He also retains approximately 304 million stock options from his 2018 compensation package.

According to the agency’s estimates, Elon Musk earned $72.6 billion this year.

Elon Musk once again in early October -headed The 400 richest US citizens, compiled annually by Forbes magazine. His fortune is estimated at 251 billion dollars.

Former American journalist statedThat Elon Musk periodically goes into “demon mode.”

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