Google Analytics counts our visits, with cookies. No thanks turns it off and removes its cookies; in Europe, the UK, Switzerland and India, or wherever we cannot tell where you are, it stays off unless you accept. Cookie Notice

Advertise
PRICES
BTCETHSOLXRPBNBTONDOTLTCPOLHBARNEARARBUNI
Back to NewsFeeds

Musk's wealth falls nearly $80bn in a day as Tesla and SpaceX slide

NewsFeeds update

Forbes' real-time rich list put Elon Musk's wealth at about $790bn at the 5 November US market close, down $79.3bn in a day. Bloomberg's index put it at about $785bn, down $79.7bn, as Tesla fell 10.77% and SpaceX 9.05%.

MacroChainCatcherAINeutral

Read the original on ChainCatcher

The story so far: SpaceX share price decline

SpaceX shares extended an intraday decline to more than 3% on Oct. 28. On Oct. 30, SpaceX fell more than 3% and Tesla dropped 2.4% in premarket trading. On Nov. 4, SpaceX fell 8% and Tesla 5.4% in premarket trading; on Nov. 5 Tesla fell more than 10% and SpaceX more than 7%.

Headlines only, oldest first. Open a headline for the full update and the outlet it came from.

  1. SpaceX intraday fall widens past 3%

  2. SpaceX slips over 3% and Tesla 2.4% in premarket trading

  3. SpaceX falls 8% and Tesla 5.4% in pre-market trading

  4. Tesla falls more than 10% and SpaceX more than 7%, Gate data shows

  5. Musk's wealth falls nearly $80bn in a day as Tesla and SpaceX slide

More Macro updates

  1. Morgan Stanley says leveraged ETF selling reached $57bn in 5 Nov US stock rout

    MacroBloomingbitAIBearish

  2. Shanghai Stock Exchange says listed companies' market value tops 65tn yuan

    MacroPANewsAINeutral

  3. Goldman Sachs says gold's slide is driven by speculative unwinding, not real rates

    MacroPANewsAINeutral

Every Macro update on NewsFeeds

Every update is a short rewrite, by AI in our own words, of a flash from the outlet named on it, credited and linked. Updates are joined into one story by AI; our editors can change a story’s name or take an update out. Not investment advice.