Twitter CEO Elon Musk saw his net worth plunge by a whopping $13 billion in a matter of just 24 hours, Bloomberg reports — and on 4/20 to boot.
massive explosionMusk attended the event at the company's testing facilities in Boca Chica, Texas, watching somberly as the rocket started to veer off course, perhaps a fitting analogy for a 4/20 that was meant to be his day.
While many experts have since argued that SpaceX's colossal explosion in the sky was a success due to the data it garnered, Musk's other big ventures were suffering on Thursday as well, with Tesla revealingIt was an almost three-month low for the carmaker, with price cuts weighing heavy on the company's profit margins, disappointing Wall Street.
Many investors are still outright furious at Musk for his continued antics and for what they say amounts to"There is collective frustration," Tesla shareholder Ivan Frishberg. "Over the last year, it became quite clear that Tesla suffers from a governance problem." "I can’t imagine any other board allowing a CEO to have as many outside business activities," Courtney Wicks, executive director of Investor Advocates for Social Justice, told the outlet, pointing out that a CEO running this many companies is "unprecedented."" that has sucked up much of the richest man in the world's time as of late, wasn't spared.
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