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Elon Musk Loses $50 Billion in Two Days in Record Wealth Plunge

  • Slide is biggest 2-day drop in history of Billionaires Index
  • Musk remains world’s richest person by $83 billion margin
Bloomberg business news
Tesla Loses $199 Billion in Worst Two-Day Rout in 14-Months

Elon Musk has lost $50 billion so far this week after Tesla Inc. shares plunged for the second day in a row.

It’s the biggest two-day decline in the history of the Bloomberg Billionaires Index, and the biggest one-day fall after Jeff Bezos’s $36 billion plunge following his divorce from MacKenzie Scott in 2019.