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Wednesday, May 25, 2022

Elon Musk net worth drops below $200 billion again as Tesla share price tumbles

Elon Musk's total value has once again dropped below $ 200 billion

Jeff bezos,Elon Musk,Bill gates
Jeff bezos,Elon Musk,Bill gates



Elon Musk's total revenue: After a 7 percent collapse in Tesla's price tag on Tuesday, Elon Musk is out of a $ 200 billion high-profile club. On Tuesday, Tesla shares continued to remain below-selling temperatures leading to a 5.40 percent decline in Elon Musk prices to $ 192.7 billion, reaching the lowest level since August 26, 2021. However, Tesla's CEO is still at the top of the list. of the Bloomberg Billionaires Index. Jeff Bezos of Amazon.com Inc. is in second place with a net worth of $ 127.80 billion.

Finally, when Elon Musk's total value fell below $ 200 billion it was in March 2022 that the market collapsed. However, the Tesla co-founder compensated for his losses after markets recovered after the crash. This also increases Elon Musk's profits to $ 288 billion on April 4, 2022, the day Musk announced he had received 9 percent on twitter. However, a few days later Tesla’s co-founder introduced a take-up bid and finally received board approval, but doubts about the acquisition of twitter have grown amidst a tech stock rout that slows down the shares of both companies.

Elon Musk said at the beginning of May 2022 that the twitter agreement would be suspended until twitter produced public evidence about the number of accounts on the bots-controlled platform. Twitter keeps purchases going forward as planned.