How to blow half a trillion

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BUSINESS NEWSMAKER OF THE YEAR | Controversial Tesla and SpaceX CEO Elon Musk has had a torrid year, with his car company losing half its value after he bought Twitter.

There’s little dispute that Elon Musk has been the business personality on which most column inches have been written this year. But whether it’s been a successful year for him is an entirely different debate.

As it is, his on-then-off-then-on-again purchase of Twitter for an overpriced $44bn might ultimately be Musk’s Waterloo. ..A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.

 

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