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Fortune

Chloe Taylor

Elon Musk loses $13 billion in 24 hours after SpaceX rocket explosion and disappointing Tesla earnings

Elon Musk Tesla Inc. SpaceX United States Twitter Inc.

Elon Musk arrives for the 2022 Met Gala at the Metropolitan Museum of Art on May 2, 2022, in New York. (Credit: Angela Weiss/AFP via Getty Images)

Elon Musk’s personal fortune took a hit of almost $13 billion on Thursday as the world watched a SpaceX rocket explode while Tesla delivered underwhelming earnings.

According to Bloomberg’s Billionaires Index, which monitors the real-time wealth of the richest people on the planet, Musk’s net worth was depleted of $12.6 billion on Thursday.

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Top stories on inkl right now

Bangladesh party backs CJP stir, ex-Yunus aide seeks Modi's fall

Bangladesh party backs CJP stir, ex-Yunus aide seeks Modi's fall

DHAKA: Hardline Jamaat-e-Islami ally and NCP convener Nahid Islam, a key member of the July 2024 movement that led to Sheikh Hasina's ouster as Bangladesh PM, backed the CJP-spearheaded protests in New Delhi, while a former adviser to the erstwhile Muhammad Yunus-led interim govt said he was waiting to witness…

The Times of India

Pennsylvania shooter who killed 8 was family’s patriarch, slain toddler’s dad says

Pennsylvania shooter who killed 8 was family’s patriarch, slain toddler’s dad says

A man whose toddler was among eight people killed in a mass shooting in Erie, Pennsylvania, says the gunman was a grandfather who never seemed distressed or out of the ordinary

The Independent UK

Republican Facing Child Rape Charges Set to Become Louisiana Police Chief After Opponent Withdraws From Election

Republican Facing Child Rape Charges Set to Become Louisiana Police Chief After Opponent Withdraws From Election

Christopher Paul is expected to win Elizabeth's police chief election unopposed after his opponent withdrew over Hatch Act concerns, despite pending allegations involving two girls.

International Business Times UK

Bubba Wallace, Alex Bowman uninjured after vicious crash in Charlotte NASCAR Cup race

Bubba Wallace, Alex Bowman uninjured after vicious crash in Charlotte NASCAR Cup race

Wallace very gingerly climbed out of his destroyed No. 23 Toyota, but thankfully walked away under his own power

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Colorado woman was accused of stealing by sergeant who said he’d been watching her movements for a month. She is now suing both him and Flock Safety

Colorado woman was accused of stealing by sergeant who said he’d been watching her movements for a month. She is now suing both him and Flock Safety

Another surveillance fiasco.

We Got This Covered

Georgia family of 5 dead in apparent murder-suicide

Georgia family of 5 dead in apparent murder-suicide

‘This was a hard scene for everybody involved,’ Coffee County Sheriff Fred Cole said

The Independent UK

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Top stories on inkl right now

Bangladesh party backs CJP stir, ex-Yunus aide seeks Modi's fall

Bangladesh party backs CJP stir, ex-Yunus aide seeks Modi's fall

DHAKA: Hardline Jamaat-e-Islami ally and NCP convener Nahid Islam, a key member of the July 2024 movement that led to Sheikh Hasina's ouster as Bangladesh PM, backed the CJP-spearheaded protests in New Delhi, while a former adviser to the erstwhile Muhammad Yunus-led interim govt said he was waiting to witness…

The Times of India

Pennsylvania shooter who killed 8 was family’s patriarch, slain toddler’s dad says

Pennsylvania shooter who killed 8 was family’s patriarch, slain toddler’s dad says

A man whose toddler was among eight people killed in a mass shooting in Erie, Pennsylvania, says the gunman was a grandfather who never seemed distressed or out of the ordinary

The Independent UK

Republican Facing Child Rape Charges Set to Become Louisiana Police Chief After Opponent Withdraws From Election

Republican Facing Child Rape Charges Set to Become Louisiana Police Chief After Opponent Withdraws From Election

Christopher Paul is expected to win Elizabeth's police chief election unopposed after his opponent withdrew over Hatch Act concerns, despite pending allegations involving two girls.

International Business Times UK

Bubba Wallace, Alex Bowman uninjured after vicious crash in Charlotte NASCAR Cup race

Bubba Wallace, Alex Bowman uninjured after vicious crash in Charlotte NASCAR Cup race

Wallace very gingerly climbed out of his destroyed No. 23 Toyota, but thankfully walked away under his own power

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

Colorado woman was accused of stealing by sergeant who said he’d been watching her movements for a month. She is now suing both him and Flock Safety

Colorado woman was accused of stealing by sergeant who said he’d been watching her movements for a month. She is now suing both him and Flock Safety

Another surveillance fiasco.

We Got This Covered

Georgia family of 5 dead in apparent murder-suicide

Georgia family of 5 dead in apparent murder-suicide

‘This was a hard scene for everybody involved,’ Coffee County Sheriff Fred Cole said

The Independent UK

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Columbia woman spends $10 on a tiny Chipotle burrito and complains online. Then she finds out she allegedly offended the entire ‘burrito community’

That's a character-building experience.

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Kelly Clarkson Slams Brooklyn Store After Being Treated Like She Couldn't Afford Its Products in 'Pretty Woman' Moment

Kelly Clarkson says an Art of Play employee treated her as though she could not afford its products. The Brooklyn shop has shared positive reviews but has not publicly explained the encounter.

International Business Times UK

Kelly Clarkson Blasts Brooklyn Store After Employee Allegedly Assumes She Can’t Afford Their Products: ‘You’re An Idiot’

Kelly Clarkson shared an alleged unpleasant shopping experience at a Brooklyn store, prompting fans to react and sparking backlash against the business.

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What Should You Do If You Find Cockroaches in a Boxed Appliance You Just Bought?

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Massachusetts man delivers tanks to a basement. Then he turns a corner and finds a life-size lion figure: ‘Everything cool, everything normal’

"Why is it so realistic?"

We Got This Covered

Woman says a man offered to buy her and her friends drinks at a bar. He shut it down after hearing what they wanted: ‘Never mind’

Their pick had him reverse course

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