Elon Musk’s Wealth Plunges $13 Billion as Drama Unfolds Across Empire
In the span of 24 hours, Tesla’s earnings disappointed, a SpaceX rocket exploded and Twitter purged legacy blue checkmarks.
It has been a tumultuous 24 hours for Elon Musk.
Tesla Inc. disappointed investors with its first-quarter results, sending the electric-car maker’s shares down 9.75% on Thursday to $162.99. An experimental Starship rocket designed by SpaceX achieved liftoff in Boca Chica, Texas, only to explode about four minutes later in a fiery ball above the Gulf of Mexico. And on Twitter, as Musk promised weeks ago, many users lost their legacy blue checkmarks for choosing not to pay $8 per month for the privilege.