Elon Musk's rollercoaster week: from rocket explosions to Twitter checks.
TL;DR Summary
Elon Musk lost almost $13 billion in a single day due to a SpaceX rocket explosion and disappointing earnings report from Tesla. Much of Musk's wealth is derived from shares in Tesla, which tanked nearly 10% on Thursday on the back of a disappointing quarterly earnings report. Musk's net worth is now estimated to be $164 billion, down from $260 billion a year ago. Despite remaining one of the richest people on the planet, Musk's wealth has fallen drastically on the back of his Twitter acquisition and a raft of problems at Tesla, including slowing sales.
- Elon Musk loses $13 billion in 24 hours after SpaceX rocket explosion and disappointing Tesla earnings Yahoo Finance
- Elon Musk's Disastrous Week The Atlantic
- Heard on the Street Recap: Rapid, Unscheduled Disassembly The Wall Street Journal
- Elon Musk Celebrates 4/20 With SpaceX Launch, Twitter Check Removal and More Bloomberg
- S&P 500: Elon Musk's $55.8 Billion Blowup Boosts Mark Zuckerberg's Gain | Investor's Business Daily Investor's Business Daily
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