2 sources
Elon Musk loses Trillionaire Status after US$350 billion loss
Tech entrepreneur Elon Musk has lost his status as the world's first trillionaire less than two weeks after reaching the
By Hiru News English
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X extended into a third consecutive day, wiping out all gains made since its record-setting market debut. Investor confidence was further shaken following an all-stock acquisition of artificial intelligence coding startup Cursor for USD 60 billion, a move heavily criticised by market researchers at Morningstar as a sizeable dilution of shares.
What this story is about
People
- Elon Musk3
- Musk2
- Trillionaire Status
- Morningstar
- SpaceX
Organisations
- Forbes2
- Bloomberg Billionaires Index
- Tesla
- MSCI
- Tech
Places
- SpaceX2
- Cursor
Keywords
- loses2
- entrepreneur
- consecutiv
- plummeted
- deepens
- dropped
- fortune
- richest
- selloff
- vanish
Names and places drawn from every article in this story. The number shows how many of them mentioned it.
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Elon Musk loses Trillionaire Status after US$350 billion lossNewsWire English