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International Business Times UK
International Business Times UK
Kenneth Axl

'I Wish I Was Rich Enough': Peter Schiff Mocks Elon Musk After Brutal $100 Billion Weekly Loss

Elon Musk Peter Schiff Tesla Inc. SpaceX X CNBC
Economist Peter Schiff has mocked Elon Musk after a brutal stock market sell-off wiped nearly $100 billion from the billionaire's net worth in a single week. (Credit: Gage Skidmore from Surprise, AZ, United States of America, CC BY-SA 2.0 , via Wikimedia Commons)

Economic commentator Peter Schiff has publicly mocked tech billionaire Elon Musk after a brutal stock market rout wiped nearly $100 billion from his net worth in a single week.

The remarks, posted on X on Friday, landed against the backdrop of a bruising stretch for Musk's empire, with Tesla and SpaceX both under pressure in the market.

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