Tesla’s CEO Elon Musk, who had led Bitcoin’s price to soar by $1.5 billion, has witnessed a major loss after the shares of the automaker fall suddenly.
Since Monday, Elon Musk has lost a whopping amount of $27 billion, resulting in a historic loss after Tesla’s shares collapsed. However, his $156.9 billion net worth still ranks Musk at number 2 among the Billionaires.
According to reports, Jeff Bezos, the Chief Executive (CEO) of Amazon, has defeated Elon Musk as he topped as the world’s richest man.
Musk had previously ranked among the world’s 500 richest people and also left Bezos to fall with a remarkable gain of $210 billion in January 2020.