Social media

Elon Musk’s net worth sinks to two-year low

By Devon Pendleton
Musk’s fortune is primarily comprised of Tesla stock and options. The automaker’s spiralling shares pose a particular risk for Musk, 51, who leveraged more of his position to finance his acquisition of Twitter in October. — Reuters

Elon Musk’s fortune continues to take a beating a week after he lost his spot as the world’s richest person.

His net worth tumbled US$7.7bil (RM34.2bil) on Tuesday after Tesla Inc shares had their steepest one-day loss since October.

Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Related stories:
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Tech News
Utility Entergy says revised Meta data-center deal to deliver higher customer savings
Sony to hike PlayStation 5 prices again as memory chip costs surge
NYSE-parent Intercontinental Exchange invests $600 million in Polymarket
SpaceX's listing stirs up social media frenzy, ticker bets
SoftBank secures $40 billion loan to boost OpenAI investments
Austria plans social media ban for children under 14
‘Life Is Strange: Reunion’ finally arrives this week
VW's software partnership with Rivian clears investment hurdle
Nearly half a million customers hit by Lloyds IT glitch that exposed transaction data, committee says
Apple plans to open up Siri to rival AI assistants in iOS 27 update

Trending in Tech

Others Also Read

Load more

Copyright © 1995- Star Media Group Berhad [197101000523 (10894-D)]

Best viewed on Chrome browsers.