BrandNewsDay Nigeria reports that Musk’s wealth – and Tesla’s stock – took a huge hit on Friday, persisting a bearish move alongside conceivably, endangering the billionaire’s acquisition of Twitter.
According to the Bloomberg Billionaires Index, Musk has lost $69.1 billion since the start of 2022. His net worth is now $201 billion.
In the course of Friday’s trading, Tesla stock, from which a larger part of Musk’s wealth was derived, fell more than 10 per cent to $636 per share at one point.
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