Elon Musk lost $ 16.5 billion per day

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The founder of SpaceX, Tesla CEO Elon Musk lost $ 16.5 billion over the past day, dropping to eighth place in the ranking of the richest people on the planet. This is evidenced by September 9 data from the Forbes Real-Time rating, which tracks the status of billionaires in real time.

On the eve of the auction, Tesla shares lost one-fifth of their value. At the close of the New York Stock Exchange, they fell 21.06% to $ 330.21.

Analysts believe that the decline in the value of the manufacturer’s shares could have been influenced by the formation of a “bubble” with an unjustifiably sharp increase, and Tesla’s missing last week in the index of the broad market S&P 500.

In addition, Nikola and GM announced on September 8 that they would team up to produce the Badger electric truck, a potential direct competitor to Tesla’s Cybertruck.

Earlier on Tuesday, Musk was the seventh richest person according to Forbes with a fortune of $ 68 billion. Now his net worth is approximately $ 36 billion.

Positions above Musk in the ranking were taken (in ascending order): Oracle co-founder Larry Ellison; Indian entrepreneur Mukesh Ambani; Warren Buffett, Chairman of the Board of Directors of Berkshire Hathaway; Facebook founder Mark Zuckerberg; one of the founders of Microsoft Bill Gates; CEO of the French group of companies LVMH (Louis Vuitton Moët Hennessy) Bernard Arnault and leader of the list, Amazon CEO Jeff Bezos.

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