Elon Musk loses 50 billion dollars in 2 days

Elon Musk has lost $50 billion so far this week after Tesla Inc. shares plunged for the second day in a row.

migrator

Updated:11th Nov, 2021 at 4:08 AM

New Delhi

It’s the biggest two-day decline in the history of the Bloomberg Billionaires Index, and the biggest one-day fall after Jeff Bezos’s $36 billion plunge following his divorce from MacKenzie Scott in 2019.

The drop narrows Musk’s lead over Bezos as the world’s richest person to $83 billion. Musk surpassed the Amazon.com Inc. founder for the title for the first time in January.

Visit news.dtnext.in to explore our interactive epaper!

Download the DT Next app for more exciting features!

Click here for iOS

Click here for Android

SCROLL FOR NEXT

Elon Musk loses 50 billion dollars in 2 days

Elon Musk has lost $50 billion so far this week after Tesla Inc. shares plunged for the second day in a row.

Also Read

TN raises monthly contingency funds for police stations to reduce corrupt practices

Return of people after holidays to Chennai triggers traffic congestion near Kilambakkam bus terminus

HIGHLIGHTS | Tamil Nadu rains: Schools closed in 5 districts, including Chennai, as twin low-pressure areas loom

Delhi HC to urgently hear pleas by CJP's Saurav Das, Ashutosh Ranka, AISA's Neha Bora

SBI data breach: PSU bank confirms 3,897 customer records exposed on dark web