
Elon Musk suffered a staggering $34 billion loss in personal wealth on Thursday following a heated public dispute with President Donald Trump.
Tesla shares plummeted 14.3% during Thursday's trading session, erasing approximately $150 billion from the electric vehicle company's market value. This massive loss translated to a $34 billion drop in Musk's net worth, marking the second-largest single-day drop ever recorded in the Bloomberg Billionaires Index. Despite this massive loss, Musk retained his position as the wealthiest individual globally, with his net worth falling to $334.5 billion.