Elon Musk lost $ 50 billion in 2 days

After creating a poll on Twitter about the sale of part of Tesla shares, the head of the company Elon Musk provoked a sharp decline in their value. In just two days, the company's stock price fell more than $ 200, and Mr. Musk's personal fortune estimate fell by $ 50 billion over the same time.



Such a sharp decline in the value of personal assets is a record according to the Bloomberg Billionaires Index - the last time this was observed in 2019, when, with the divorce of Amazon founder Jeff Bezos (Jeff Bezos), his fortune fell by $ 36 billion.Now, Bezos' lag behind Musk has decreased to $ 83 billion , although before that it was $ 143 billion - more than the entire fortune of Microsoft founder Bill Gates (Bill Gates).

Mr. Musk posted the results of a poll conducted on Twitter on November 7. A total of 3.5 million people took part in the voting. Of these, 57.9% voted for the billionaire to sell 10% of Tesla shares to pay taxes. The owner of the company promised to fulfill the will of his readers, whatever it turns out to be. At the same time, as noted, immediately before the survey, his brother Kimbal Musk, who is a member of Tesla's board of directors, sold his assets. As a result, the company's shares fell 12%.

As of June 30, 2021, Mr. Musk owned 170.5 million shares of Tesla. At the close of trading on November 5, the value of one share was $ 1222 - at this price, selling 10% of the entire package would bring him about $ 21 billion.

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