Musk's net worth peaked at just over $300 billion earlier this year. But a 68% year-to-date decline in Tesla stock has erased a large chunk of that, asSince Musk completed his $44 billion acquisition of Twitter in late October, shares offor the Nasdaq 100. Musk has also sold billions of dollars of Tesla stock to fund his acquisition of Twitter.
Other factors hurting Tesla stock includes growing concerns of an economic recession in 2023, which would likely put a dent in the company's sales growth, andAccording to Bloomberg, Musk's SpaceX equity stake is now his most valuable asset, worth $47 billion. Meanwhile, Musk's Tesla stake is worth about $40 billion, while his options in Tesla are worth another $28 billion, according to Bloomberg.
The next most valuable asset owned by Musk is Twitter, which Bloomberg estimates is worth $20 billion, about half Musk's purchase price for the social media company."Obviously myself and the other investors are obviously overpaying for Twitter right now,"Finally, Bloomberg assigned a $3.3 billion value to Musk's stake in The Boring Company.
While the decline in Tesla stock has erased the biggest chunk of Musk's net worth, it has created fortunes for those who bet against the company. According to S3,
BISouthAfrica Wealth based on stock valuation isn't really wealth. Also, the stock is still WAY up compared to the crazy explosion in valuation.
BISouthAfrica Now report on ALL the stock market blood bath, Year to Date: Google (-39%) Netflix (-52%) Facebook (-65%) Ford (-48%)
BISouthAfrica Lol...unless they boycott space x the guy will still be wealthy
BISouthAfrica It's the competition. More n more EVs r coming unto the scene
BISouthAfrica Trading has been a lot more easier since I started investing & learning from antonhendrik0 With my last R3000 I invested, I earned R40k in just a short period of time Should we call this the internet money? Please invest with antonhendrik0 He's genuine
BISouthAfrica I have been seeing post everywhere and a lot of people has been saying reach out to him... He's incredible when it comes to Bitcoin trading, and I eventually did and it turned out to be legit and I invested R5k and received R19.22K in 7days Randy_Fxhelps
BISouthAfrica Crypto millionaires will be the greatest philanthropists the world have ever seen. We know what it's like to have nothing.I'm still working a minimum wage job in discount store despite gaining heavily from crypto,follow Randy_Fxhelps for guidance on bitcoin earning tips!
BISouthAfrica We all know Gates has taken a short position on Tesla - just to confirm what a thug Gates really is.
BISouthAfrica Few months back I had no way of taking care of my kids , had no job or money also struggling through the pandemic,so I decided to try Bitcoin trading with the help of Allison_Grillo I was able to earn $50,000 now am financially stable.
Россия Последние новости, Россия Последние новости
Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей
Источник: News24 - 🏆 4. / 80 Прочитайте больше »