new Delhi: Tech billionaire and owner of Twitter, Tesla and SpaceX Elon Musk has become the first person in human history to lose a net worth of $200 million. Never before has a billionaire lost so much wealth in the world’s richest person list. The major decline in his wealth is attributed to a sharp fall in the net value of Tesla shares, which experts linked to Elon Musk’s distraction from the company due to the Twitter saga and supply-chain constraints in China, amid the Russia-Ukraine conflict. Gave.
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A Twitter user named Jerome Powell took to the platform to comment on Elon Musk’s exponential loss. He wrote, “If you’re having a bad year you lost a lot of money in the markets, remember Elon Musk lost $200 billion and is still making fun of Twitter.”
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Kasturi replied to him with an emoji of a man shrugging his shoulders.
— Elon Musk (@elonmusk) January 1, 2023
netizens don’t follow the bandwagon
A user named Nick Flor commented that he did not feel that way at all. It’s not that Elon Musk lost money, but instead he invested in an opportunity. He further said that Twitter has the opportunity to crush all other social media platforms.
Another user Kevin Janeway wrote, “All on paper. Remember that.”
Twitter user Dmitry Strunin asked who lost more, someone losing 200B with 340B or you regular Joe losing 150k+ in 200K savings. He said that these are all relatives.
A user named Space Simian commented that he never had $200 billion, it was just unrealized profit.