Elon Musk loses trillionaire status as net worth drops

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Elon Musk, the businessman and investor who bought Twitter PHOTO CREDIT: Bret Hartman/TED/flickr.com|via <a href=https://www.flickr.com/photos/tedconference/33944890310)" class="webfeedsFeaturedVisual wp-post-image" height="1280" src="https://i0.wp.com/media.premiumtimesng.com/wp-content/files/2024/05/33944890310_bcbc906514_o.jpg?fit=1920%2C1280&ssl=1" style="display: block; margin: auto; margin-bottom: 5px;" width="1920" />

On 16 June, Mr Musk gave up $7.1 billion worth of his Tesla shares to cover the exercise cost of stock options awarded under his 2018 compensation package.


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