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After President Donald Trump launched his tariff plans In early April, the securities market took a substantial immersion. According to Business Insider, the S&P dropped by 11%. Prior to this important stock market event, the business tycoon Elon Musk was the richest person in the world.
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Then Musk lost $ 135 million. This was the first time in five months that its net value had been less than $ 300 million.
Musk also spent $ 20 million on support of Brad Schimel (R-WI) on Wisconsin Court’s career. Schimel lost his degree to Susan Crawford (D-Wi).
With that great of his lost wealth, he is Musk is still the richest man in the world?
Even with its loss in the stock market, Musk has already received a net value of $ 361.6 billion, according to Forbes. He is still owned by 12% Tesla (and this excludes options), but he is using more than half of his shares as a personal loan guarantee of more than $ 3 billion. Musk also has about 42% of Spacex, which is currently worth $ 350 million. It is also owned by X and is estimated that 54% lamb.
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Musk continues on top, according to Forbes. It is followed by Amazon’s founder, Jeff Bezos, who is worth 191.4 billion dollars. Behind him is Facebook founder Mark Zuckerberg, with a net value of $ 173.4 billion. The CEO and chairman of Berkshire Hathaway Warren Buffett arrives at number 4 with a net value of $ 162.1 billion, and Larry Ellison, co -founder of Oracle, completes the first five places with a net value of $ 160.6 billion.
It is definitely possible. According to Techcrunch, Tesla has experienced a 71% fall of sales since last year. Musk led the Government Efficiency Department (DOGE) earlier this year, and DOGE has to blame for the massive layoffs of federal workers, which has inspired many Tesla boycotts and protests across the country.
Currently, Musk Pivota de Doge to try to help Tesla’s reputation. Musk has talked about plans to make Tesla vehicles more affordable and said he would reveal his plan in mid -2015, according to Business Insider. The most affordable car will most likely have self-translation capabilities and can occur in China. He has also discussed the launch of robotaxis in Austin in June, according to Oregon Live.
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