Saturday, 5 July 2025

Elon Musk loses about $13 billion in a day

The famous businessman Elon Musk lost nearly $ 12.6 billion in one day after the spacecraft crashed and a financial report was issued on the performance of the “Tesla” company.

According to “Russia Today” and according to the Bloomberg Billionaires Index, the wealth of the American businessman decreased by 7%, to $ 164 billion.

Earlier yesterday, Thursday, the Starship experimental rocket designed by SpaceX exploded minutes after takeoff and the rocket climbed 38 kilometers, and according to company representatives, the rocket carrying a spacecraft was deliberately destroyed due to engine problems and loss of altitude.

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On the same day, Tesla announced a 24% decrease in profits, and in light of that, the company’s share price fell by 9.75%.

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