April 22, 2025
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SpaceX chairman Elon Musk lost $12.6 billion in one day.

  • April 21, 2023
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Just yesterday, after SpaceX learned about the failed launch of the Starship rocket (the company itself thinks that the launch was successful, but the destruction of the ship


Just yesterday, after SpaceX learned about the failed launch of the Starship rocket (the company itself thinks that the launch was successful, but the destruction of the ship and launch vehicle in the 4th minute of the flight can hardly be called), Tesla shares went down. So far, Bloomberg analysts have calculated how much Musk lost in one day due to the perfect financial storm.

Losses totaled $12.6 billion, but several factors came together at once: Starship’s decline had an indirect effect on the drop in the value of Tesla shares (currently almost 10%) and essentially became cheaper. In addition to those perceived negatively by investors, the cost of electric cars is already in the sixth decline. Fueling the fire were Twitter users who didn’t want to keep their paid Twitter Blue subscriptions.

The losses suffered by Musk are now a record since the beginning of 2023. However, Musk continues to maintain his second place in the Bloomberg Billionaires Index, which includes the richest people on the planet. Currently, his fortune is estimated at $ 164 billion. In the first place is Bernard Arnault (President and CEO of the Louis Vuitton Moët Hennessy group of companies) with a fortune of $ 211 billion.

Source: Port Altele

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