- Twitter Acquisition: Musk’s $44 billion acquisition of Twitter has been a notable financial burden. The platform has faced challenges, including the loss of major sponsors, which has impacted its revenue.
- Tesla Performance: Tesla’s stock has seen both highs and lows. Despite some periods of strong performance, the company has also reported consistent losses in recent months. Issues with Tesla vehicles, including malfunctions, have further contributed to these financial challenges.
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Net Worth Changes: As of early 2024, Musk’s net worth was estimated at around $200 billion, making him the richest person in the world. However, this figure has been subject to change. For instance, a recent surge in Tesla’s stock price increased his net worth to $274 billion.
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