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Elon Musk Loses Trillionaire Status Amid Market Downturn
Elon Musk, despite remaining the world's richest person, has lost his trillionaire status due to a market downturn, specifically an "Accenture-triggered wipeout" in the US market.
25 Jun, 07:25 — 25 Jun, 14:55
The Story
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Sources
Showing 3 of 5 sources
YahooMostly Factual63d ago
Elon Musk Just Lost His Trillionaire Status, as SpaceX and Tesla Stocks Plummet. Should Investors Buy the Dip?
Read full article →Times of IndiaMostly Factual63d ago
Elon Musk loses trillionaire status to "Accenture-triggered wipeout" in the US market
Elon Musk lost his trillionaire status barely two weeks after earning it, as a tech sell-off sparked by Accenture's weak guidance wiped over $360 billion from his fortune. SpaceX shares crashed more than 30% from their June peak, while Tesla slid 5.8%, dropping Musk's net worth to $957 billion. With both stocks holding up nearly his entire wealth, the rout hit harder than any rival. A 6% SpaceX rebound could restore his trillionaire title.
By TOI TECH DESK
Read full article →indian-expressMostly Factual63d ago
Why Elon Musk is no longer a trillionaire despite remaining the world’s richest person
Read full article →Coverage Timeline
First report: hvg · 25 Jun, 06:11|Full coverage: 5 · 9h|Window: 9h
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