Elon Musk becomes first man ever to lose $200 billion – Bloomberg ...News

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Elon Musk becomes first man ever to lose $200 billion – Bloomberg
The Tesla boss has seen his wealth more than halved in little over a year on poor performance of the carmaker’s stock Tesla owner Elon Musk has lost some $200 billion in the past year, becoming the first person ever to lose that much money, Bloomberg reported on Saturday, citing calculations from its Billionaires Index. According to the report, Musk had a net worth of $340 billion after Tesla’s market capitalization topped $1 trillion late last year. However, his fortune is now worth $137 billion. Analysts say the losses were attributable to the poor performance of Tesla stock, which plummeted by 65% this year, in

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