Elon Musk, a tech billionaire, denied on sunday that he earns USD 142,690 every minute, or USD 8,560,800 per hour, claiming that anytime tesla stock falls, he actually loses more money. In response to a user, the owner of X stated that such reports relied on "silly metrics". It's not a huge sum of money. I basically only own stock in the businesses that I helped to create, Musk said in a post. He said that technically speaking, he "loses" far more often than "every time tesla stock randomly drops".

According to the analysis, Elon Musk's net worth increased by an estimated $2,378 every second on average over the course of those three years. "That amounts to $8,560,800 each hour or $142,680 per minute. He would awaken the next morning with a net worth of $68,486,400 if he slept for eight hours, according to the research. Between january and june 2023, the CEO of tesla and SpaceX saw a startling rise in his net worth of USD 96.6 billion. With a net worth of USD 248.7 billion, he is now the richest person in the world.

Currently, Elon Musk has a 23% interest in Tesla. Around two-thirds of his fortune, a sizeable part, is dependent on Tesla's performance. In october 2022, Musk made news when he paid USD 44 billion for Twitter. The billionaire made history earlier this year when he lost USD 200 billion in net worth in just 13 months. Following a recent decline in tesla stock, Musk reportedly saw his worth fall to USD 137 billion, according to a Bloomberg story. His electric car company's stock dropped by roughly 65%. Elon Musk's net worth reached a zenith in november 2021 when it reached USD 340 billion, followed by a sharp decline.
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SIBY JEYYA

02/10/2023 07:57 AM