Elon Musk (File Photo) 
Business

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

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

IAEA says Iran's Natanz nuclear site suffered some damage, no radiological consequence expected

We attacked because Iran's nuclear programme would have been 'immune within months': Netanyahu

US Embassy in Saudi Arabia hit by Iranian drones as Israeli military ramps up operations in Lebanon

Summer incentive of Rs 2,000 extended to beneficiaries of the State’s monthly pension schemes, says CM Stalin

Vijay to unveil TVK manifesto on Women’s Day; focus on women, workers and welfare