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How did Elon Musk lose $600 billion as soon as he got them? Will he ever actually be a trillionaire?
Published Source: CryptoPolitanRead original
AI Summary Elon did not lose $600 billion from a bank account. The number vanished because most of his fortune sits in shares. When SpaceX (NASDAQ: SPCX) jumped after its public listing, the value of his stake pushed his estimated wealth above $1.3 trillion. When the stock later fell by half from its highest price, that paper... fulltext: 319 chars | fulltext source: rss-fallback | summary method: extractive Original: https://www.cryptopolitan.com/how-did-elon-musk-lose-600-billion/ Source: CryptoPolitan