Musk’s net worth drops by $13 billion after tumultuous trading day

Well-known businessman Elon Musk lost almost $12.6 billion in one day after the crash of the spacecraft and the publication of the financial report on the results of Tesla’s activities.

According to the Bloomberg BBI Billionaires Index, the American businessman’s fortune fell by 7% to $164 billion.

Earlier yesterday, Thursday, an experimental Starship rocket developed by SpaceX exploded a few minutes after takeoff and the rocket climbed 38 kilometers. According to company officials, the rocket carrying the spacecraft was deliberately destroyed due to engine problems and loss of altitude. .

On the same day, Tesla announced a 24% drop in profits, causing the company’s share price to drop 9.75%.

Source: Prime

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