SpaceX Valuation Drop Costs Elon Musk $500 Billion
Elon Musk lost nearly $500 billion in fortune over recent weeks, primarily due to a sharp decline in SpaceX's valuation. SpaceX's stock, $SPCX, fell 34% in the past month, while Bitcoin dropped 3% in the same period, suggesting a potential rotation of capital back into crypto.
Detected & updated continuously · Source: Nebula
Mentioned
Bitcoin (btc)
@elonmuskSources
@AltcoinsFrance
🚨🇺🇸 ELON MUSK A EFFACÉ PRÈS DE 500 MILLIARDS DE DOLLARS DE FORTUNE EN QUELQUES SEMAINES. Cette baisse est principalement liée à la chute de la valorisation de SpaceX. Mais il ne s’agit pas de 500 milliards de dollars en cash : sa fortune est majoritairement composée d’actions https://t.co/qDy5yRmB1I
@BenCryptoShow
ROUGH MONTH FOR SPACEX $SPCX is down 34% in the last month For comparison, $BTC is only down 3% in that time The rotation back to the crypto might already be happening... https://t.co/c645X9uWeu