Elon Musk’s wealth plummets by $12.6 billion after chaotic 24 hours at Twitter, Tesla, and SpaceX

Elon Musk on a blue backdrop surrounded by downward pointing arrows Illustration by Kristen Radtke / The Verge; Getty Images

Elon Musk’s coffers became a smidge lighter on Thursday after his net worth plummeted by $12.6 billion, according to Bloomberg’s Billionaires Index, the biggest drop in Musk’s wealth so far this year. That fall comes on the heels of a fairly tumultuous 24 hours for SpaceX, Tesla, and Twitter, three of the largest businesses under Musk’s leadership.

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