Tesla and SpaceX Owner Elon Musk, the World’s Richest Man, Has $10 Billion Wiped Off His Net Worth

Tesla and SpaceX Owner Elon Musk, the World’s Richest Man, Has $10 Billion Wiped Off His Net Worth

  • The South African-born entrepreneur Elon Musk saw his net worth fall to $201 billion according to the Bloomberg Billionaire Index
  • Despite the drop, Musk remains the world's richest man and is comfortably ahead of Amazon founder Jeff Bezos
  • Musk saw $10 billion of his net worth wiped out as he looks to close a deal to buy Twitter in the next coming weeks

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South African-born entrepreneur and the founder of SpaceX and Tesla, Elon Musk, lost $10 billion of net worth.

The chief executive of Tesla has a net worth of $201 billion despite losing a substantial value.

Tesla, SpaceX, Elon Musk
Elon Musk poses for cameras at the Met Gala, the tech entrepreneur saw his net worth take a hit recently. Image: Getty
Source: UGC

According to Bloomberg's Billionaire Index, as of Tuesday 23 May, the 50-year-old's net worth dropped from $212 billion on Thursday 19 May to $201 billion the following day 20 May.

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The Tesla boss has been in the news recently amid a pending deal to purchase social networking site Twitter, Metro reports. The company's board green-lighted a $44 billion from Musk but the deal has hit a dead-end after Musk sought clarity on how many spam and fake accounts are on the site, Aljazeera reports.

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The stock price of Musk's electric car company Tesla has had a negative impact since the Twitter deal was announced as shareholders were worried about where Musk would obtain the money to purchase the blue-bird app.

US teen who tracks Elon Musk’s jet hits the bullseye with Facebook founder Mark Zuckerberg’s plane

Meta CEO Mark Zuckerberg is the latest billionaire to have his private plane tracked and its whereabouts posted online by a US teenager Jack Sweeney, Briefly News reports.

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Mark Zuckerberg's plane is being tracked by the same teen who found Elon Musk's

The student is enrolled at the University of Central Florida and has become well known on Twitter for posting the flight trajectories of Amazon founder Jeff Bezos and Microsoft's Bill Gates and more recently Russian oligarchs. On Wednesday, May 18 Sweeney posted a photograph of Zuckerberg's plane from his personal account

The 19-year-old confirmed this week a new jet was closely linked to the Facebook CEO after Sweeney tweeted on April 12 that a particular plane wasn't Mark's anymore.

Source: Briefly News

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